NEW YORK CITY-The Durst Organization will pay for construction of the TV/radio facility, which will be marketed in conjunction with the owner/developer’s broadcast center atop 4 Times Square.

NEW YORK CITY-The former giant of investment banking, whose Chapter 11 filing in 2008 sent shock waves through the global financial sector, plans its first payout to creditors for April 17.

NEW YORK CITY-The delinquency rate for commercial mortgage securities and job growth appear to be inversely related, ratings agencies say, although the volume of 2007-vintage loans maturing this year could change that.

BOSTON-An SEC filing divulges the locally based REIT’s plans. The 1.3-million-square-foot office tower at 100 Federal St. will enlarge its Greater Boston portfolio by 10%.

NEW YORK CITY-Discussions over a possible sale of RREEF, DB Advisors and other asset management units follow Deutsche Bank’s review of the business this past fall.

European banks have been reining in their commercial mortgage lending amid the sovereign debt crisis, and may pull back even more in response to regulators’ new requirements for tier-one capital.

NEW YORK CITY-Gray's election to the board comes after Blackstone reported a 60% gain in real estate revenues. The global head of the private equity giant's real estate business joined the firm in 1992.

No longer the sector with the lowest delinquency rate, office faces a combination of maturing debt, rolling leases and fundamentals that still lag the market's peak.