Jeff Sutton’s Wharton Properties just landed $50 million to refinance one of its retail properties in the Garment District. Germany-based Landesbank Hessen-Thüringen, also known as Heleba, provided the financing package, which includes $49.4 million in existing loans and $562,500 in new debt, according to documents filed with the city’s Department of Finance on Monday. The financing is for 29 West 34th Street, a three-story retail building whose tenants include Aldo and Geox. Sutton didn’t immediately […]
source https://therealdeal.com/2018/08/13/wharton-properties-lands-50m-loan-to-refi-garment-district-property/
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