The Torkian Group just snagged a refinancing of the Solari, its newly constructed luxury Midtown rental tower. AIG provided the firm with $135 million to refinance the 41-story, 223-unit tower at 42 West 33rd Street, according to records filed with the city on Tuesday. The financing package includes a $30 million gap mortgage and consolidates a $105 million construction loan Bank Leumi provided in 2015. The debt is now spread among three of AIG’s subsidiaries. […]
source https://therealdeal.com/2019/01/22/torkian-ups-debt-on-new-rental-development-in-midtown/
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