A partnership between L&L Holdings and JP Morgan has secured a $600 million loan for 200 Fifth Avenue. The 800,000-square-foot former International Toy Center, was refinanced with a debt package provided by Bank of China which includes a $200 million gap mortgage, according to property records filed this week. L&L Holdings previously owned the building with Lehman Brothers. But JPMorgan bought the now-shuttered financial firm’s 90 percent stake in the building in 2011 for $700 […]
source https://therealdeal.com/2018/11/30/ll-jpmorgan-secure-600-million-refi-for-200-fifth-avenue/
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