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ING Real Estate Finance has provided a €46.7 million loan to TH Real Estate to refinance a recently-purchased retail park in the Italian city of Bologna.

After a dismal -- if not abysmal -- first quarter, where CMBS all but ground to a halt, the industry has some momentum as spreads have tightened and deal flow begins to pick up, delegates heard at the kickoff of the CRE Finance Council’s annual conference today in Manhattan.

Ireland’s National Asset Management Agency (NAMA) has selected Oaktree Capital Management to buy two portfolios of non-performing real estate loans with a combined face value of €4.7 billion ($5.3 billion).

The credit quality of the conduit CMBS deals rated by Kroll Bond Ratings Agency (KBRA) so far this year has been superior to that of non-KBRA deals, according to new report from the ratings agency.

MetLife has provided a $170 refinancing on the Bristol apartment building in the Sutton Place neighborhood in Manhattan. The loan consolidated existing debt that the life insurance company provided the borrower in 2010 with a new $108.2 million mortgage, property records show.

HSH Nordbank’s new business was significantly boosted by €4.5 billion of real estate lending during 2015, a year in which the EU and Germany provisionally agreed a restructuring plan for the state-owned bank.

Pbb Deutsche Pfandbriefbank has provided more than €150 million of finance to fund the redevelopment of a vacant office tower complex in Frankfurt into high-end apartments and a luxury hotel.

M&G Real Estate Finance, one of the leading European institutional debt fund lenders, has seen a significant fall-off in lending in 2016.

TH Real Estate has struck a deal with two South Korean insurance companies to invest in UK commercial real estate debt.