Simone Development has landed a loan of $68.5 million from French investment bank Natixis for the Throggs Neck Shopping Center in the Bronx. The CMBS loan is for 10 years featuring interest-only payments, and it closed at a 5.17 percent rate, according to the Commercial Observer. The deal was brokered by Meridian Capital Group. The mall includes 300,000 square feet of retail across four buildings, and it is anchored by a Target spanning 165,000 square […]
source https://therealdeal.com/2018/03/23/owner-of-throggs-neck-shopping-center-gets-69m-refi/
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