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Wednesday, 09 January 2019

Developer Secures $130.6Mln of Financing Against Manhattan Mixed-Use Project

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Commercial Real Estate Direct Staff Report

Youngwoo & Associates has secured $130.6 million of financing against the Radio Tower & Hotel mixed-use project in Manhattan's Washington Heights neighborhood.

Shanghai Commercial Bank provided the loan.

Youngwoo, a New York developer, broke ground on the development, at 2420 Amsterdam...


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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: New York City
  • States: New York
  • Sector: Mixed-Use
  • Subject: Mortgages/Financing (MOR), Northeast Regional Digest (NEDIG)
  • Valuation: Between $100 million and $150 million
  • Private: Yes
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Dan Moynihan

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