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Al Barbarino

The new hire brings an array of experience to the new position, including mezzanine debt and restructurings.
The structure, scheduled to be completed in 2019, is planned to rise 80 stories and contain 815 residential condominium units along with amenity space, a parking garage and retail space.  
Blackstone has completed fundraising for its latest global real estate mezzanine fund.
The Office of the Comptroller of the Currency said a loosening of underwriting standards could be bad news bears.
ACORE has originated 60 deals valued at $4 billion in the last nine months, with LTVs averaging 68%.
Redwood Trust is selling off a $241.3 million commercial loan portfolio consisting mainly of mezzanine loans, the sale of which will complete the firm’s exit from the commercial loan business, reports PDI sister publication Real Estate Capital.  
Apollo Commercial Real Estate Finance (ARI) has closed two commercial real estate loans in New York City totaling $95.5m and, through a repurchase agreement with JPMorgan Chase Bank, has increased its borrowing capacity by $200m to $800m, reports PDI sister publication Real Estate Capital.
Utah-headquartered real estate advisory firm has opened its second debt fund.
 Apollo Commercial Real Estate Finance (ARI) reported $328 million in new debt investments for the first quarter of the year.  
Ratings agencies and industry research firms continue to flag the impacts that a mounting wave of retail store closings couldhave on retail CMBS deals in the US.

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