Tuesday, 7 May 2019

Karfunkel family inks $200M refi for Lower Manhattan tower

The Karfunkel family has landed $200 million in refinancing for a Lower Manhattan office tower. The mortgage for 59 Maiden Lane comes from Citigroup and refinances the capital structure for the building just east of the World Trade Center, according to Commercial Observer. The 10-year loan has a 3.99 percent fixed rate, and principal payments will not be due until it matures in May 2029. The tower is almost fully leased and filled mainly with […]



source https://therealdeal.com/2019/05/07/karfunkel-family-inks-200m-refi-for-lower-manhattan-tower/

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