Thursday, 1 November 2018

Carlyle Group secures $160M refi for 866 UN Plaza

Carlyle Group secured a $160 million loan for its office condominiums at 866 United Nations Plaza in Midtown East. The loan covers 56 unsold units that the firm acquired last year for $218 million. AllianceBernstein provided the new debt, which replaces a $168 million Deutsche Bank mortgage from 2017, according to property records. The financing package also includes a $5 million gap mortgage. The previous owner, Meadow Partners, acquired the 471,000-square foot building in 2013 […]



source https://therealdeal.com/2018/11/01/carlyle-group-secures-160m-refi-for-866-un-plaza/

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