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Drew Anderman left Deutsche Bank to join an Internet company, Capital Thinking of New York, which will help borrowers find debt capital from a wide variety of lenders.

Unfazed by the battering that swap spreads gave its last CMBS deal, Heller Financial is moving forward with another fixed-rate CMBS for late June. The firm wants to continue its partnership with Prudential Securities.

A Boston-area industrial property that was sold by Raytheon is poised to become a telecommunications hotel. The property is owned by Highgate Holdings of Dallas and Saracen Development of Newton, Mass.

Construction of the Courtyard by Marriott at JFK Airport will get under way, thanks to a $15 million loan provided by Wells Fargo.

The fixed-rate deal will be backed by CMBS owned by CGA Investment Management. It will be brought to market with the assistance of Prudential Securities. It was originally scheduled for March.

The New York developer is said to be close to selling 156 William St. in Manhattan. The building has been on the block for several months now and is one of several that Witkoff has been trying to unload in...

Shorenstein Co., which sat on the sidelines during the past two years while REITs and opportunity funds became major buyers, is getting back into the acquisition game in a big way.

A proposed merger between First Union Real Estate and Wellsford Real Properties fell apart because Wellsford was unwilling to accept First Union's shares in a deal. The sticking point: the share prices of both companies trade at discounts to asset...

The Beverly Hills, Calif., real estate firm, which already buys nonperforming loans and large buildings in Japan, is making a pitch to buy smaller buildings in the country.

Schottenstein Stores and Westbrook Partners, which own substantial stakes in Burnham Pacific, are poised to push the REIT into accepting a merger offer.