Tessler Development has landed $94.5 million to refinance a residential condominium building in Midtown South. Deutsche Bank provided the loan to refinance 172 Madison Avenue, Commercial Observer reported. The financing is partially a condo inventory loan. It also replaces previous debt, including a $164.3 million inventory loan from private equity firm TPG and Deutsche Bank. In March, the Corcoran Group took over marketing the 72-unit building after Compass resigned from the project. At the time, […]
source https://therealdeal.com/2018/09/05/tessler-scores-95m-to-refi-172-madison-avenue/
No comments:
Post a Comment