Wednesday, 19 December 2018

Brookfield secures $635M refinancing package at New York Times Building

Four lenders are teaming up to provide $635 million to refinance the portion of the New York Times building now owned by Brookfield Asset Management, according to filings that hit city records Wednesday night. Deutsche Bank, Bank of America, Barclays Capital Real Estate Inc. and Citi Real Estate Funding Inc. are providing the financing, which includes a $435 million gap mortgage. The borrower is FC Eighth Ave. LLC., a former affiliate of Forest City Realty […]



source https://therealdeal.com/2018/12/19/brookfield-secures-635m-refinancing-package-at-new-york-times-building/

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