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Savanna Lines Up $510Mln Loan Against Manhattan’s 5 Bryant Park
Commercial Observer Savanna Capital Partners has lined up $510 million of mortgage financing against the 682,988-square-foot 5 Bryant Park office building in midtown Manhattan, allowing it to retire a $463 million CMBS loan. The loan was provided by King Street ...
Manhattan’s 5 Bryant Park Office Sees Mortgage Mature, Faces Refi Challenges
Commercial Real Estate Direct Staff Report Savanna, which in recent months had started hunting for a lender to refinance the $463 million mortgage against the 682,988-square-foot 5 Bryant Park office building in midtown Manhattan, so far has come up empty. ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
