Wednesday 28 August 2019

Beacon Capital lands $300M refinancing for Fifth Ave building

Beacon Capital Group landed more than $300 million to refinance a Fifth Avenue office condo leased to Barneys New York for its corporate headquarters and a large WeWork location. TPG Real Estate Finance provided the nearly $309 million loan for unit A of 575 Fifth Avenue, according to property records filed with the city Wednesday. The money replaces a previous loan from Deutsche Bank. Beacon Capital Group and TPG did not immediately respond to requests […]



source https://therealdeal.com/2019/08/28/beacon-capital-lands-300m-refinancing-for-fifth-ave-building/

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