NEW YORK CITY-The M7 loan tranche on the Extended Stay Hotels portfolio is a senior mezzanine level tranche with more than $1 billion of subordinate debt and borrower equity.

NEW YORK CITY-The M7 loan tranche on the Extended Stay Hotels portfolio is a senior mezzanine level tranche with more than $1 billion of subordinate debt and borrower equity.

NEW YORK CITY-The $1.05-billion portfolio investment by locally based Cerberus Capital Management will allow CIBC to reduce downside risk while preserving upside potential, CIBC says.

NEW YORK CITY-The $1.05-billion portfolio investment by locally based Cerberus Capital Management will allow CIBC to reduce downside risk while preserving upside potential, CIBC says.

JERICHO, NY-A company controlled by the Beechwood Organization buys the multi-tenanted industrial facility at 200 Robbins Ln. here for approximately $18 million.

NEW YORK CITY-The report set a new timetable for completion of One World Trade Center, the Freedom Tower and all of the site's public infrastructure.

NEW YORK CITY-The report set a new timetable for completion of One World Trade Center, the Freedom Tower and all of the site's public infrastructure.

NEW YORK CITY-With a new report expected from the Port Authority today, one source says the report will focus more on setting priorities rather than establishing a timetable.