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Wells Fargo has provided a €150 million revolving credit facility to unlisted Irish property investor IPUT.

Metlife has provided a $50 million loan on a retail unit at 1 Irving Place, also known as the Zeckendorf Towers, Real Estate Capital has learned. The loan consolidates existing debt from MetLife with a new $29.8 million bridge loan. MetLife declined to comment on the financing.

The former Colliers International UK valuer responsible for the disputed £1.2 billion valuation of London properties which backed the White Tower 2006-3 CMBS has denied bowing to pressure from the borrower to inflate the figures.

The sharp fall in five-year swaps has depressed forecast returns for UK senior debt, from 3.7 to 3.3 percent.

Kennedy Wilson Europe Real Estate (KWE), Kennedy Wilson’s listed investment vehicle, has issued a further €150 million of 3.25 percent bonds through a second draw-down on its Euro Medium Term Note (EMTN) programme.

Natixis is the lender behind a $65 Million of first mortgage financing to San Carlos Associates for the refinancing Marriott Monterey Hotel in Monterey, California, Real Estate Capital has learned.

The New York branch of the Canadian Imperial Bank of Commerce (CIBC) has provided a $75 million financing on a 413,000 sq ft high-end multifamily residential project in the New York City borough of Queens.

The negligent valuation case brought by CMBS issuer White Tower 2006-3 against Colliers International UK began in London’s High Court last Friday (8 April).

Northwestern Mutual has provided $563.5 million to TIAA for the refinancing of three office properties in Boston, Massachusetts, Washington, DC, and Miami, Florida.

JP Morgan has recruited Alexander Storton from rival Bank of America Merrill Lynch to beef up its European real estate debt distribution capability, Real Estate Capital has learned.