After a series of delays and a lender swap, Harry Macklowe has closed on construction financing for One Wall Street. Deutsche Bank provided Macklowe Properties with $750 million in construction debt for the office-to-residential conversion, sources told The Real Deal. In partnership with Qatari billionaire and former prime minister Sheikh Hamad Bin Jassim Bin Jaber al-Thani (HBJ), the developer is planning 566 condos with retail at the base. The construction loan carries a five-year term […]
source https://therealdeal.com/2018/11/21/harry-macklowe-closes-on-750m-construction-loan-for-one-wall-street/
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