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.

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.

Plenty of ideas on the future of mortgage lenders Fannie Mae and Freddie Mac emerged during a conference on housing finance hosted by the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development on Tuesday, August 17.

The company separated the loans into senior and junior loans, with the five senior loans contributing a face value of $84 million to the securitization in addition to $92 million in proceeds. Starwood also retained $94 million in junior interests.

Pacific Coast founding partner Don Kuemmeler said that due to the recession, there are fewer lenders willing to make and hold commercial real estate mortgages on their balance sheets and that the joint venture expects to hold the loans to maturity.

Cantor Fitzgerald and CIM Group disclosed today that they are joining forces in Cantor Commercial Real Estate (CCRE). The new enterprise is aiming for $5 billion in annualized loan production for starters.

Rosslyn Metro Center in Arlington, Va., has been refinanced to the tune of $43.5 million, according to the Washington, D.C. office of Holliday Fenoglio Fowler (HFF) L.P., which oversaw the deal.

JPMorgan Chase closes on the acquisition of a $3.5 billion portfolio of 3,800 performing multi-family and commercial real estate loans from Citibank.

The mortgage, which is due in 2014, was sold to the Talos Capital Limited for an undisclosed price.

Prudential Mortgage Capital Co. has long wanted to add Freddie Mac Program Plus capabilities to its quiver. A new strategic partnership with Johnson Capital makes that possible.