Wells Fargo Bank has led the $750 million financing of the One New York Plaza office building in lower Manhattan.

Cornerstone Insurance & Financial Services provided a $165 million loan to BLDG Management and Ares Management.

MetLife has provided a $60 million to refinance the Grand Bohemian Hotel in downtown Orlando, Florida.

Citizens Bank and Santander have provided a $77 million acquisition loan on the North American headquarters of the Saint-Gobain Corporation in the Philadelphia area.

Goldman Sachs and Bank of China have provided a $795 million refinancing on the Fountainebleau Miami Beach hotel in Miami, Florida. The banks each provided $397.5 million on the 1,179,177 sq ft resort to the property’s owner Turnberry Associates, according to Miami-Dade records. The new mortgage refinanced an existing $535 million loan and provided an additional $260 million in funding. The previous […]

CREFC’s High Yield & Distressed Realty Assets Summit in Manhattan was marred by an air of pessimism as signs of a market peak begin to weigh on the minds of the country’s top lenders.

Commercial real estate prices in the US declined in January for the first time since 2010, an indication that the six-year climb of property prices may have reached a peak, experts say.

Capital One has provided a $150 million loan to an affiliate of Jack Resnick & Sons to refinance a 417,000 sq ft Class A office building at 215 Fremont Street in San Francisco’s South of Market District (SoMa).

Allianz Life Insurance Co. of North America has provided a $49.75 million mortgage to an affiliate of Triarch Investment Group to purchase a 280,000 sq ft office park in Miami, Florida.

New York Community Bank (NYCB) has reportedly provided a $105 million mortgage to Harbor Group International and partner York Equities for the purchase a 38-building multifamily portfolio in the Bronx, an increasingly popular investment alternative to Manhattan and Brooklyn.