CIM Group and LIVWRK have secured a new, smaller financing package for their redevelopment of the Watchtower Building in Dumbo, formerly home to the headquarters of the Jehovah’s Witnesses. City property records recorded on Friday show that the developers have received $335 million in new financing for the project, with JPMorgan Chase as the administrative agent on the loans. This is $40 million less than the $375 million provided by Blackstone and SL Green in […]
source https://therealdeal.com/2019/08/30/jpmorgan-leads-335m-refi-for-cim-and-livwrks-watchtower-renovation/
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