Thursday 2 January 2020

Extell nabs $440M in financing for Midtown assemblage

In one of its last big deals of 2019, Gary Barnett’s Extell Development tightened its grip on a Midtown development site, and sewed up $440 million in new financing for a future project there. The site, not far from Extell’s International Gem Tower, is comprised of a 13-part assemblage at Fifth Avenue between 46th and 47th streets. In two separate transactions in late December, Extell bought out Hong Kong-based Meridian Capital Limited’s stake in the



source https://therealdeal.com/2020/01/02/extell-nabs-440m-in-financing-for-midtown-assemblage/

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