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Plans to close 36 Macy’s stores by early spring could spell death for more than a dozen malls and cause hundreds-of-millions of dollars in losses for the CMBS deals tied to them.

A groundbreaking fourth quarter meant the market for European real estate loan sales and real estate owned (REO) deals reached a new record of €85.9 billion in 2015, according to a report from Cushman & Wakefield.

Mesa West has raised $390 million towards a $750 million target for its latest debt fund, the Mesa West Real Estate Income Fund IV, Real Estate Capital has learned based on a filing with the US Securities and Exchange Commission.

CBRE Capital Markets’ Debt & Structured Finance team has originated its first Freddie Mac Small Balance Loan (SBL) securitization, delivering 60 loans totaling approximately $143 million.

Wells Fargo has provided $136.5 million in financing from Wells Fargo to Oak Street Real Estate Capital for the acquisition of a 1.3 million sq ft office portfolio.

Varde Partners has issued a CMBS to refinance a portfolio of secondary UK properties, and sold the bonds to Credit Suisse.

Walker & Dunlop closed a $1.27 billion refinancing for Holiday Retirement, the second largest operator of senior housing in the US, marking the largest financing in the lender’s history.

UBS Asset Management has reached a final close of £241 million on its debut UK real estate debt fund.

With less than 48 hours remaining until voting closes for Real Estate Capital’s 2015 awards, time is running out to have your say on the stand-out companies and deals of last year.