NEW YORK CITY-Trepp’s Manus Clancy tells GlobeSt.com’s Jacqueline Hlavenka that only 32.3% of loans reaching their balloon date paid off, which is tied to all-time highs in the CMBS delinquency rate as well.

NEW YORK CITY-Berkadia’s Tom Toland and Stewart Campbell tells GlobeSt.com’s Jacqueline Hlavenka that while getting financing for new developments is “still a challenge,” strong fundamentals in the Williamsburg submarket drove the deal home.

NEW YORK CITY-ABS Partners' President Gregg Schenker tells GlobeSt.com’s Jacqueline Hlavenka that the 250,000-square-foot property at 21st & Broadway will be repositioned to attract new high-tech and creative tenants.

NEW YORK CITY-The firm has brought on research and marketing bigwigs James Delmonte, previously with JLL, and Elliot Baum, formerly of Colliers International, to join its Manhattan brokerage team.

NEW YORK CITY-Sources told Crain’s New York Business that the law firm has signed a letter of intent for space at Boston Properties’ new Midtown tower.

NEW YORK CITY-The firm plans to convert the warehouse-style TriBeCa building into a 34-unit condominium.

NEW YORK CITY-With the addition of Alan Weisman, Sidney Rosenthal and Jonathan Miller, the firm’s Manhattan office has expanded to 30 brokers total.

NEW YORK CITY-The REIT, which primarily owns single-tenant commercial real estate properties, has executed a three-year loan with Wells Fargo for 16 properties across the country, SEC filings show.