The Vanbarton Group landed a $61 million loan from M&T Bank to fund the acquisition of the Albano Building at 305 East 46th Street. Vanbarton signed a contract to buy the 16-story, 187,000-square-foot office building in April, as The Real Deal first reported. The closed purchase was $118.5 million and the new loan replaces a $65 million mortgage from Anglo Irish Bank, property records show. The building is currently leased by the United Nations, which […]
source https://therealdeal.com/2018/05/24/vanbarton-lands-61m-loan-for-albano-building-buy/
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