Deutsche Bank and JPMorgan have loaned the Witkoff Group and his investment group $425 million to refinance the Park Lane Hotel, a Manhattan icon that’s linked to one of the biggest global fraud cases in history. The loan includes a small amount of new financing and replaces Wells Fargo as the agent, according to property records. Representatives for the Witkoff Group could not immediately be reached for comment. The famed 631-room hotel at 36 Central […]
source https://therealdeal.com/2019/06/05/manhattan-hotel-at-center-of-1mdb-fraud-case-lands-425m-refinancing/
No comments:
Post a Comment