French bank Natixis securitized its $600 million mortgage for Maefield Development’s hotel and retail project at 20 Times Square, according to records filed with the Securities and Exchange Commission on Tuesday. Natixis and its partners originated a $2 billion loan to finance Maefield’s acquisition of the property, which is expected to be the future site of 39-story building with a 452-key Marriott Edition hotel. Last February, Mark Siffin-led Maefield bought out its partners, a consortium composed […]
source https://therealdeal.com/2018/08/29/natixis-securitizes-600m-mortgage-for-20-times-square/
No comments:
Post a Comment