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  • Loans backing Talisman Finance 3, a €689 million ($958 million) commercial mortgage securitization of German and French property, could be extended after the special servicer and borrower entered into a standstill agreement.
  • John Nacos, a 20-year veteran of the industry, has been named global head of commercial real estate at Deutsche Bank.
  • Liberty International, sponsor of the £550 million ($888 million) Opera Finance (Lakeside) U.K. commercial mortgage-backed-securities deal, plans to redeem the notes in full this Friday.
  • Sen. Bob Corker (R-Tenn) says that Congress is backing off from threats to pass substantial legislation aimed at regulating the commercial real estate industry.
  • Assured Guaranty is trying to drum up investor interest in a project finance securitization it is both originating and wrapping.
  • About €54.4 billion ($76.79 billion) of loans backing Europe’s commercial mortgage-backed securities will need refinancing between 2011 and 2014, according to Bank of America Merrill Lynch research.
  • The European Investment Bank, the Luxembourg-based long-term lending arm of the European Union, is rapidly expanding its structured finance capabilities, according Luis Garrido, head of staffing.
  • A loan backing the €1.5 billion ($2.14 billion) commercial mortgage securitization Windermere X is to go into special servicing after it missed December payment, according to a London-based researcher.
  • Winthrop Realty Trust is leading a group of senior mezzanine debt holders to foreclose on Peter Cooper/Stuyvesant Town, a sprawling apartment complex in Manhattan's East Village.