The Hakimian Organization refinanced its Hell’s Kitchen office building at 636 11th Avenue with a $240 million mortgage from JPMorgan Chase and Citi Real Estate Funding, property records show. The lenders are assuming an existing mortgage from MUFG Union Bank, which had an outstanding balance of $192.46 million, and are issuing a $47.54 million gap mortgage as part of the deal. The 11-story, 660,000-square-foot office building, a former candy factory, is home to advertising firm […]
source https://therealdeal.com/2018/05/17/hakimian-organization-lands-240m-refi-for-hells-kitchen-office-building/
No comments:
Post a Comment