JP Morgan Chase has led a $242.65m financing package to a consortium of New York City hospitals for the development of the The New York Proton Center -- the first proton beam therapy facility in New York State, Real Estate Capital has learned.

While the recovery of US office markets has been uneven, improving fundamentals are having positive impacts on CMBS office loans, according to a new report from data firm Trepp.

Wells Fargo and Invesco Real Estate (IRE) have backed the acquisition of The Biltmore Financial Center in Phoenix, Arizona -- a deal being hailed as the city’s largest since 2007 -- with $124m in financing.

Iron Hound Management Company has restructured $335m of assumed debt on The Chetrit Group’s acquisition of the Empirian Portfolio Pool 2 multifamily portfolio, paying off a preferred equity slice and breaking the remainder into securitized components: a $205m A piece and a $112m B piece.

M&T Bank has provided a $26m loan to Cayuga Capital Management for the refinancing of three Brooklyn multi-family rental properties, Real Estate Capital has learned.

Miami condo market has attracted $4.5bn in financing this cycle, $11bn last cycle.

Blackstone Group’s Invitation Homes business reportedly plans to sell off 5 percent of its existing portfolio per year going forward, starting with 1,300 Atlanta-area homes it has agreed to sell -- the largest bulk sale for the company yet.

UBS and TIAA-CREF have teamed up to provide $345m in loans to Davis Marcus Partners for the refinancing of the Charles River Plaza North office/laboratory condominiums in Boston, Massachusetts.

Cantor Commercial Real Estate and Citigroup have reportedly provided a $190m loan to Key International for the refinancing of the Eden Roc Miami Beach -- and the addition of a planned 210-room Nobu Hotel.

After dropping sharply in May, the June delinquency rate for US commercial real estate loans in CMBS moved in the opposite direction, according to data and research firm Trepp.