NEW YORK CITY—With this month's payoff on the $300-million Bush Terminal loan serving as an example, Fitch Ratings says it continues to expect no recoveries from so-called "hope notes."

NEW YORK CITY—The new owners of the project's top 13 floors plan to convert its luxury rentals to condominiums, as was originally intended when it was developed.

NASHVILLE—The revised merger agreement comes in at more than $100 million higher in equity value than Bridgestone and Pep Boys originally announced this past October.

PORTSMOUTH, NH—Led by New York City with more than 200 projects in the pipeline, development in the sector has grown for nine consecutive quarters, according to Lodging Econometrics.

LONDON—The 15-asset deal continues Tristan Capital Partners' string of retail acquisitions across Europe, and marks seller Delta Lloyd's exit from commercial property.

BOSTON—Like the fluctuation in CMBS pricing between September and October, November's monthly increase can be attributed to "a rise in the Treasury yield curve and a small increase in credit spreads," says DebtX's Will Mercer.

NEW YORK CITY—To optimize success in the investment market of today, EY's Mark Grinis advises "a twin-track approach" that focuses on the fundamentals and keeps an eye on international events.

NEW YORK CITY—Last week's vote to exempt qualified foreign funds from FIRPTA taxation puts the funds on equal footing with their domestic counterparts, says Fitch Ratings.