Savanna’s One Court Square appears to be back on stable ground — at least compared to a year ago. The investment manager finalized a $880 million recapitalization at its 1.5 million-square-foot tower in Long Island City on Friday, according to Commercial Observer. Savanna scored a $580 million senior loan from funds managed by Apollo Global Management and $100 million of subordinate debt SL Green Realty. To cap it off, Junius Real Estate Partners provided $200
source https://therealdeal.com/2020/01/06/one-court-square-recapitalized-in-880m-deal/
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