According to Cole senior vice president of structured finance Matthew Donnelly, there was a highly competitive atmosphere for the debt on the property, allowing for favorable rates and terms.

The fund owns assets of 1 million square feet and is continuing to target core Class A assets. Its target value is in excess of $1 billion.

With $462.8 billion in United States master and primary servicing, Wells easily came in first, followed by PNC Real Estate/Midland Loan Services with $307.9 billion, Berkadia Commercial Mortgage with $202.6 billion, and Bank of America Merrill Lynch with $133.4 billion.

The Investment Property Databank’s U.S. Quarterly Property Index shows that commercial real estate markets have emerged from a two and a half year slump.

Lender issues, lawsuits, a vacant tenant roster and a fire. A boatload of problems have surrounded the brand-new office building at 510 Madison Ave. in Midtown Manhattan, but change is in the air now that Boston Properties has committed to acquiring the fee title to the 350,000-square-foot office building.

To complete the project, OL Washington will retain current general contractor Triton Construction Co., along with hiring residential brokerage The Corcoran Group to market the units upon completion.

The agreement is part of Sterling’s major recapitalization plan.

We believe the United States will gain 3 million to 3.5 million jobs a year in each of the next three years.

The open-air Miami mall is located near U.S. Route 1 in the city’s southern area.

General Growth filed for bankruptcy in April 2009. At the time, it listed assets of $29.6 billion and debts of $27.3 billion. Earlier this year a consortium of Blackstone, The Fairholme Fund and Pershing Square Capital Management said they would provide as much as $8.5 billion to finance the company’s bankruptcy emergence.