Mack Real Estate Credit Strategies has given a $66 million mezzanine loan to Fortis Property Group to partially recapitalize the luxury condo tower 1 Seaport. The 60-story building at 161 Maiden Lane is also known as Seaport Residences and contains 98 units, 72 of which are under contract, according to the Commercial Observer. It has an anticipated sellout of more than $275 million. The project is the first condo in the Seaport District and will […]
source https://therealdeal.com/2018/09/28/fortis-recapitalizes-1-seaport-with-66m-loan/
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