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Oxford Properties and Brockton Capital are close to sourcing development finance to fund their revamp of the former Royal Mail Sorting Office site in London’s Midtown area, Real Estate Capital has learned.

Bank of America has provided the financing behind Rockwood Capital’s $120 million acquisition of the South Coast Collection (SOCO), a Costa Mesa, California shopping destination, Real Estate Capital has learned.

Hunt Mortgage Group has provided an $87 million Fannie Mae loan to refinance Citylights at Queens Landing, a multifamily residential tower located near the Long Island City waterfront in Queens, New York.

Carr Properties has secured a $53 million loan for the acquisition, planned demolition and redevelopment of an office building site in Bethesda, Maryland.

MetLife has led a circa £275 million financing of Hong Kong-based GAW Capital’s latest investment into the London market. The US insurer has provided a ten-year loan, reflecting a loan-to-value of around 55 percent, to a GAW-led consortium to finance its purchase of the 480,000 sq ft 123-151 Buckingham Palace Road in the Victoria area of the capital.

Online real estate crowdfunding platform RealtyMogul has closed a $49 million bridge loan to fund Elite Street Capital’s acquisition of the Metropolitan at Buckhead, an apartment complex in suburban Atlanta.

Natixis Real Estate Capital has provided a $81.5 million loan to Northwind Group and Newmark Holdings for the acquisition of a 20-story office building at 40-42 Exchange Place in Lower Manhattan.

M7 Real Estate and Mount Street Loan Solutions have formed a new joint venture to act as a co-investor and operating partner in European non-performing loan deals.

ICG-Longbow, ICG's real estate debt business expects to exceed last year’s lending volumes after deploying more than £750 million across its funds so far this year.