Fitch Ratings data first seen by Real Estate Capital shows that just 8.5 percent of maturity-related special servicing transfers that occurred through mid-July of 2016 were paid off within 30 days, which should appease concerned borrowers and investors.

CBRE Capital Markets’ Debt & Structured Finance team has arranged a $48.8 million loan for the acquisition of the Cape May at Harveston apartment community in Temecula, California, Real Estate Capital has learned.

KeyBank Real Estate Capital has arranged $858 million in debt financing to facilitate YES! Communities’ sale and consolidation of its manufactured homes portfolio.

City property records confirm the completion of a $400 million loan to refinance the Lord & Taylor flagship department store at 424 Fifth Avenue in Manhattan.

RealtyMogul.com has launched a non-traded real estate investment trust (REIT) that will be distributed exclusively online and aims to give small investors an entryway into the commercial real estate market.

Deutsche Bank has provided $215 million in financing to McSam Hotel Group to refinance a hotel development on Manhattan’s west side, city property records show.

Last year Diamond Properties, headed by James Diamond, paid $5 million to install 10-acres of rooftop solar panels at the property, which also serves as the firm’s headquarters.

Pendergast, most recently head of CMBS Strategy & Risk at Jefferies, effectively replaces Steve Renna, former CEO and president of the industry group.

The impacts of the oil downturn will continue to negatively impact CMBS loan performance as its effects ripple through the local economies of oil reliant US states.

Cornerstone Real Estate Advisers has sold a San Mateo, California office property for $95 million -- $30 million more than the price the firm paid for the asset in 2013.