Thursday 29 August 2019

Extell lands $690M refinancing package for One Manhattan Square

After closing over a hundred units at One Manhattan Square since March, Gary Barnett’s Extell Development has secured $690 million in new financing for the remainder of the 80-story, 815-unit Two Bridge condo tower. The new debt consists of a $553.5 million senior inventory loan and a $138.2 million mezzanine loan, according to a disclosure filed with the Tel Aviv Stock Exchange on Thursday. Though the deal has yet to be recorded in city property […]



source https://therealdeal.com/2019/08/29/extell-lands-690m-refinancing-package-for-one-manhattan-square/

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