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China’s Ping An Bank has provided the initial £100 million of a £500 million development finance package which will fund a luxury residential-led scheme in the Nine Elms area of London.

Bank of New York Mellon (BNY Mellon) has provided a $120 million financing on a Beaux-Arts style retail building near Astor Place in Lower Manhattan.

The financing includes a $46 million fixed-rate construction loan from East Boston Savings Bank and $12.7 million in subordinate debt from Canyon Partners Real Estate, according to HFF, which arranged the deal.

CBRE Capital Advisors has expanded its debt and structured finance team with the hiring of a head of transaction management. Vishnu Reddy has joined the firm from the corporate and investment banking division of BNP Paribas.

The Office of the Comptroller of the Currency has issued a warning about emerging risks in US commercial real estate lending, cautioning that loosening underwriting standards are increasing credit risk.

AXA Equitable Life Insurance Company has provided a $295 million refinancing package for Jake Resnick & Sons’ One Seaport Plaza in Lower Manhattan.

ING Real Estate Finance has provided a €42 million loan to 90 North Real Estate Partners to finance its acquisition of the newly built global headquarters of construction group Heerema Marine Contractors (HMC) in Leiden, the Netherlands.

Investec Bank Structured Property Finance has provided a £23.2 million loan to fund the development of a student accommodation block in Cardiff.

Lloyds Bank Commercial Banking has written a £23 million loan to refinance a mixed-use development located in Sheffield.

Bank of the Ozarks has provided a $54.9 million loan backing Extell Development Company’s purchase of a condominium development site on the Upper East Side of Manhattan, city property records show.