Madison Realty Capital refinanced the 500,000-square-foot Whale Square building in Sunset Park with a $90 million loan from TPG Capital’s mortgage arm. TPG Real Estate Finance Trust, the private-equity firm’s mortgage real estate investment trust, refinanced the $59.4 million remaining balance of a $63.2 million loan Deutsche Bank provided at the time of Madison’s acquisition, property records filed with the city Thursday show. The REIT provided another $30.5 million in additional debt, according to records. […]
source https://therealdeal.com/2018/03/15/madison-refis-whale-square-with-90m-tpg-loan/
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