Signature Bank has issued a $60 million loan to Himmel + Meringoff Properties for a refinancing of 729 Seventh Avenue. The 12-year loan has a 4.25 percent fixed rate, and the financing was arranged by Meridian Capital Group, according to the Commercial Observer. The money will be for the office section of the building. The mixed-use building between West 48th and 49th streets stands 17 stories tall and has more than 164,000 square feet of […]
source https://therealdeal.com/2018/03/29/himmel-meringoff-get-60m-loan-for-729-seventh-avenue/
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