HNA Group’s $2.21 billion purchase of 245 Park Avenue — the city’s biggest investment sales deal of 2017 — was brokered by the world’s largest property services firm, CBRE. When HNA needed a mortgage to fund the acquisition, though, it turned to a much smaller, family-run firm. Cooper-Horowitz, a storied Manhattan-based finance brokerage, partnered with CBRE to arrange the $1.75 billion loan from a consortium of banks led by Bank of China. While global powerhouses […]
source https://therealdeal.com/issues_articles/sizing-up-nyc-debt-brokerage-powerhouses/#new_tab
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