Joel Picket’s Gotham Organization landed an injection of debt to cover two Manhattan rental properties. Wells Fargo loaned $184 million to refinance the properties, which combined have more than 500 units and were recently renovated by Gotham, Commercial Observer reported. The debt in the deal, set up as bond purchases from the government, has a 15-year term with fixed and floating rates. One of the towers covered by the debt is the 48-story Atlas New […]
source https://therealdeal.com/2019/02/20/gotham-lands-184m-to-refi-two-manhattan-rental-buildings/
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