Friday 6 December 2019

Maddd Equities, Joy Construction land $130M for UES development

Maddd Equities and Joy Construction have landed a $130 million loan from Natixis for 330 East 62nd Street, according to Joy’s Eli Weiss. The financing is a five-year commercial-mortgage-backed-securities loan and replaces an $86.25 million construction loan Natixis provided in February 2018. Brad Domenico of Progress Capital brokered the deal. Memorial Sloan Kettering Cancer Center signed a 48-year lease in 2017 for the entire building, which spans about 90,000 square feet. Joy and Maddd purchased



source https://therealdeal.com/2019/12/06/maddd-equities-joy-construction-land-130m-for-ues-development/

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