A&E Real Estate Holdings scored $97.5 million in refinancing from Deutsche Bank for its massive Rego Park portfolio, which was purchased together with development rights for $150 million. The financing covers the real estate, purchased for $129.5 million, along with development rights and other business interests that the family owns, according to sources familiar with the transaction. Deutsche Bank provided $97.5 million in financing, according to public records. The loan replaces prior financing from People’s
source https://therealdeal.com/2019/12/06/deutsche-bank-provided-ae-97m-in-financing-for-big-rego-park-buy/
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