NEW YORK CITY-Unnamed sources tell GlobeSt.com that the special servicer on the $70-million mortgage note was ING Clarion Torchlight.

NEW YORK CITY-After the joint venture acquired Trizec Properties in 2006 for $9 billion, Blackstone has retired its share of debt on 18 office assets, Brookfield says.

NEW YORK CITY-Plaintiff the Building Industry Electrical Contractors Association (BIECA) and the United Electrical Contractors Association (UECA) plans to appeal the decision.

NEW YORK CITY-The pool consists of 43 commercial mortgages secured by 64 properties, including the Times Square Hotel Portfolio in New York, Three Allen Center in Houston and the Quadrus Office Park in Menlo Park, CA.

NEW YORK CITY-In partnership with Granite Broadway Development, Marriottwill develop a 68-story property at 1717 Broadway made up of a 378-keyCourtyard by Marriott and a 261-key Residence Inn.

NEW YORK CITY-As investors seek shelter from the storm in US government bonds and gold, the CRE community advises caution as America teeters on another recession.

NEW YORK CITY-At the same time, the Moinian Group secured an $84 million mortgage on the residential portion of 100 John Street, a 36-story mixed-use building in the Financial District.

WASHINGTON, DC-After the S&P fallout, the president of the National Multi Housing Council says without stimulus spending, job growth will come to a halt.