In an effort to help push along the schedule for Chicago’s 400 S. Jefferson building, NorthMarq has arranged $58.5 million in acquisition and renovation financing for the property.

The road has been paved for Wood Partners L.L.C. and East West Partners to commence construction of Alta City House, a luxury apartment project in Denver’s blossoming Union Station/Riverfront Park redevelopment, now that the developers have arranged capital from USAA Real Estate Company to move forward with the $62 million project.

PCCP has provided approximately $73 million in senior loans, including $46 million to KHP Fund II L.P., a real estate private equity fund sponsored by Kimpton Hotels & Restaurants, to finance the repositioning of two hotels and $27.4 to refinance Millbrae Paradise, a residential development in Millbrae, Calif.

Utilizing a 2.1 million-square-foot commercial portfolio owned by a pension fund it advises as collateral, Clarion Partners L.L.C. now has its hands on a $100 million secured credit facility.

“Is distress in the real estate markets behind us?” was the main question on the minds of the respondents to the latest survey by the Urban Land Institute — and the consensus seemed to be a cautious “yes.”

A $72 million financing deal secured by Bostonia Partners L.L.C. helped complete construction on a new NOAA Center for Weather and Climate Prediction in Maryland after it was stalled for more than two years because the original developer went bankrupt.

Residential developer Post Brothers has obtained a $52 million loan for Post Rittenhouse Hill L.P. to complete the redevelopment of the Rittenhouse Hill multi-family property in the Germantown section of the city. The loan was funded by an undisclosed European bank.

Cedar Crest Professional Park, a 682,000-square-foot professional office campus just outside of Allentown in Pennsylvania’s Lehigh Valley, has been refinanced to the tune of $45 million by MRA Realty Advisors on behalf of Cedar Crest Professional Park VII.

WNC & Associates Inc. has closed WNC Institutional Tax Credit Fund 35, a $100 million, multi-investor Low Income Housing Tax Credit fund that will finance 18 affordable housing communities, encompassing an aggregate 1,134 residences.

The $127 million refinance of Harbor Group International’s 200 Public Square office tower in downtown Cleveland is both one of the larger recent CRE refis and an example of the current refi trend.