Gary Barnett’s Extell Development has secured up to $750 million in construction financing for the development of One Manhattan Square in Manhattan’s Lower East Side neighborhood.

New York Life Real Estate Investors has provided $59 million in first mortgage debt to refinance Pearl City Gateway, a 146,205 sq ft shopping center near Honolulu, Hawaii.

The percentage of CMBS loans paid off on their balloon dates increased for the first time in four months in August, but the increase could just be a "blip" and the rate could “sag further” in the coming months, according to Trepp.

The US CMBS delinquency rate decreased for the first time since February, falling eight basis points in August to 4.68 percent, according to Trepp’s monthly report.

New York Community Bank has provided $52 million in loans to refinance an apartment building at 315 Central Park West on Manhattan’s Upper West Side.

Natixis Real Estate Capital and Wells Fargo Bank have co-led a $197 million financing for the construction of a mixed-use project in the Williamsburg neighborhood of Brooklyn, each underwriting a $98.5 million portion of the loan.

CRE sustainability initiatives protect lenders against risk while helping to reduce the environmental impacts of commercial buildings.

The best and worst CMBS performers in top US markets can be explained by their underlying real estate and economic fundamentals, finds Al Barbarino

Pillar has originated a $172 million fixed-rate, 10-year term credit facility through Fannie Mae for the acquisition of 11 Manufactured Housing Community (MHC) properties.

Rising loan maturities allowed for a rebound in lending volumes in the second quarter, according to a new report from CBRE.