Gary Barnett’s Extell Development is in active negotiation for a $500 million loan, backed by three Manhattan developments and shares in Central Park Tower, according to documents filed with the Tel Aviv Stock Exchange. Roughly $375 million of the funds will go toward refinancing the three projects, all of which are in the early stages of development, the documents state. The projects include the Pathmark site in East Harlem, which Barnett assembled for $70 million […]
source https://therealdeal.com/2018/04/09/extell-close-to-landing-500m-loan-for-three-manhattan-projects/
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