Capital One Healthcare has provided a $51 million refinancing on a 77,805 sq ft biotech and laboratory building in Cambridge, Massachusetts, within walking distance of Harvard University.
The Paramount Group has closed its second debt fund, the Paramount Group Real Estate Fund VIII, with $755 million in commitments, primarily from German institutional investors.
Berlin Hyp is providing a € 115 million refinancing on a 239,000 sq mt residential portfolio by a subsidiary of LEG Immobilien AG.
Bank of China has reportedly provided a $313.5 million loan to Jamestown, George Comfort & Sons and Loeb Partners on an 870,000 sq ft office building in the NoMad neighborhood in Midtown, Manhattan.
Hermes Real Estate Senior Debt Fund has provided a £42 million financing on two UK shopping centers: the Kirkgate Centre in Bradford and Kennet Shopping Centre in Newbury.
SunTrust Bank has provided a $26.1 million acquisition loan on a 176,843 sq ft office campus in the City of West Covina in the San Gabriel Valley near Los Angeles.
Morgan Stanley, through its CMBS platform, has provided $35.925 million on the acquisition of three multifamily properties in the Chicago suburbs.
Bank of America Merril Lynch and UBS plan to originate a $876.3 million BACM 2016-UBS10 transaction, backed by 52 loans on 84 properties.
Nationwide Real Estate Investments has provided a $31 million refinancing on a 136,928 sq ft, grocery-anchored retail center in the suburb Lyndhurst in Northern New Jersey.
The bank provided the 10-year fixed rate loan on the 25-story building at 180 Montgomery Street to Sidra Montgomery, LLC, according to CBRE Capital Markets, who helped arrange the deal.