Monday 26 August 2019

Apollo to provide $800M loan for Crown Building

The owners of the Crown Building’s commercial portion have secured an $800 million loan to refinance the property, The Real Deal has learned. Wharton Properties and Brookfield Asset Management closed on the loan Monday, according to people involved in the deal. Apollo Global Management will provide the $807.5 million loan at between 3- and 3.5 percent interest. Last month, TRD reported that Apollo and French lender Natixis had signed a term sheet with the landlord, […]



source https://therealdeal.com/2019/08/26/apollo-to-provide-800m-loan-for-crown-building/

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