The developers of Industry City scored a $720 million refinancing package. Blackstone led the debt package, along with Bank of China, Deutsche Bank and SL Green Realty Corp., Commercial Observer reported. The deal also includes mezzanine debt. The financing replaces a previous $647 million loan provided in 2017. Iron Hound Management negotiated the financing. The 6 million-square-foot, 35-acre waterfront development in Brooklyn’s Sunset Park is owned by Jamestown Properties and Belvedere Capital, Angelo Gordon &
source https://therealdeal.com/2019/12/20/industry-city-gets-720m-refinancing/
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