Thursday 3 January 2019

Kenneth Cole-related entity secures $60M debt package for its Hell’s Kitchen HQ

Wells Fargo provided $60 million to refinance Kenneth Cole’s Hell’s Kitchen headquarters, according to a public record filed with New York City’s Department of Finance. The deal for HQ, which sits at the junction of 50th Street and 11th Avenue, includes a $10 million gap mortgage. It replaces debt that Natixis originated but recently was assigned to LibreMax. Wells Fargo and Kenneth Cole did not immediately return requests for comment. The refinancing covers two parcels, […]



source https://therealdeal.com/2019/01/03/kenneth-cole-related-entity-secures-60m-debt-package-for-its-hells-kitchen-hq/

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