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Thursday, 11 July 2019

Wharton, Brookfield Venture Lining Up $900Mln Loan Against Manhattan Retail Condos

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The Real Deal

A venture of Wharton Properties and Brookfield Asset Management has signed a term sheet for a $900 million loan against 92,000 square feet of retail condominium space at Manhattan's Crown Building. Natixis and Apollo Global Management are providing the loan, which the venture will use to retire...

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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: Retail
  • Subject: Mortgages/Financing (MOR), Northeast Regional Digest (NEDIG)
  • Company: Brookfield Properties
  • Valuation: More than $150 million
  • Private: Yes
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Dan Moynihan

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