Tuesday 28 August 2018

Pan Am refinances downtown portfolio

Pan Am Equities has secured a total $60.6 million in financing for four projects in Lower Manhattan. The financing, provided in four separate transactions by People’s United Bank, will replace previous debt on 37-39 West 16th Street and 43 West 16th Street, 1556 York Avenue and 253 West 14th Street. The loan package includes $16.3 million in new financing. Pan Am Equities and People’s United Bank did not immediately respond to requests for comment. The […]



source https://therealdeal.com/2018/08/28/pan-am-equities-refinances-lower-manhattan-portfolio/

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