One Bryant Park is getting a $1.6 billion refinancing spearheaded by Bank of America. The deal will combine a $950 million commercial mortgage-backed securities loan from Bank of America and $650 million of prior public-assisted financing from 2009, according to the Commercial Observer, citing information from a Kroll Bond Rating Agency report. Bank of America’s portion of the financing will replace and expand a prior CMBS mortgage from it and JPMorgan Chase for $650 million, […]
source https://therealdeal.com/2019/07/31/bank-of-america-leads-1-6b-refi-for-tower-named-after-it-at-one-bryant-park/
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