The 10 largest Manhattan loans recorded in April totaled just $742 million, a 72-percent decline from March as the coronavirus crisis set in. The largest loan went to a hotel and four of the top 10 went to retail properties — asset classes that are facing particular headwinds in the current environment. 1) Midtown East, Middle East — $230 million Qatar’s Constellation Hotels Group secured a $230 million refinancing from the National Bank Of Kuwait
source https://therealdeal.com/2020/05/08/these-were-manhattans-largest-real-estate-loans-in-april/
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