Westbrook Partners landed a $280 million loan to refinance the Ritz-Carlton at 50 Central Park South, ahead of a planned renovation next year. Delaware Life Insurance Company, Korean lender Nonghyup Bank and others provided the financing, which will include a $67.5 million gap, according to property records and the Korea Economic Daily. The loan will also pave the way for a renovation and will allow Westbrook to retire a previous $135 million loan taken from […]
source https://therealdeal.com/2018/04/12/westbrook-secures-280m-refi-for-ritz-carlton-on-cps/
No comments:
Post a Comment