Berkeley Point Capital has provided a $211.9 million refinancing on a 9-property portfolio to Steadfast Companies and its Steadfast Income REIT. The national lender of agency and non-agency multifamily loans provided the seven year, floating-rate loan through Freddie Mac.

The bank provided the seven-year, floating rate loan to LaSalle Investment Management to refinance existing debt on the property.

Italy’s real estate market had a boost investment the first two quarters of this year with over €3.4bn ($3.82bn) in transactions, nearly 35 percent higher than the same period last year, while more than half of those transactions were cross-border investment, shows a new report from Savills.

Bank of the Ozarks has provided a $233.3 million construction loan on the 35-story CNA Center office development in the West Loop neighborhood in Chicago, Illinois to the developer of the project The John Buck Company.

The bank provided the two-year interest-only loan with three one-year extensions to a partnership between American Realty Advisors and Onyx Equities. The partnership purchased the property for $101 million, bringing the loan LTV to 75 percent.

Wells Fargo has originated an $871 million CMBS transaction that marks the first such deal to have interest holdings that would fulfill the US risk retention rules coming into effect this December.

A new report from Real Capital Analytics shows that overall sale volume in the US commercial real estate market decreased year-over-year (YOY) the first half of 2016, while investors retreated from riskier asset types and regional markets.

Cornerstone Real Estate Advisers has hired former ACORE Capital employee Joham Tavera to originate mezzanine loans, preferred equity, bridge loans and B-notes, primarily in the Western US markets, as Vice President of Alternative Investments.

Several months ago, analysts warned that the increasing supply in the US lodging industry since the financial crisis may peak sometime in 2016, due to the addition of units outpacing demand and economic headwinds, as Real Estate Capital reported. But new numbers from a new Trepp report show that the lodging industry already has peaked.

But the report also raises concerns that a “prepayment wave” may lessen mortgage REITs' dividend returns the third quarter, due to the historically low interest rates in the US and globally providing prepayment incentives to borrowers.