Friday, 7 June 2019

China Oceanwide takes out $175M loan against supertall Seaport site

China Oceanwide Holdings got a $175 million loan for its supertall development site near the South Street Seaport. Midtown-based alternative asset manager DW Partners provided the debt for the property at 80 South Street, according to records filed with the city Friday. Representatives for China Oceanwide and DW Partners could not be immediately reached for comment. China Oceanwide bought the site from the Howard Hughes Corp. in 2016 for $390 million. It was an all-cash […]



source https://therealdeal.com/2019/06/07/china-oceanwide-takes-out-175m-loan-against-supertall-seaport-site/

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