HNA Group may not own 245 Park Avenue for much longer. The Chinese conglomerate is in talks to sell the tower it purchased last year for $2.2 billion to SL Green Realty, according to Bloomberg. HNA is also looking into a debt recapitalization of the building. HNA is currently facing a huge debt burden and pressure from the Chinese government to slow down its international spending. It has already sold holdings worth $13 billion this […]
source https://therealdeal.com/2018/04/27/hna-in-talks-to-sell-245-park-to-sl-green/
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