March 12, 2018

Oxford Properties Lands $180M Deutsche Bank Loan for Sutton Place Acquisition

Oxford Properties Group has nabbed a $180 million loan for its $278 million acquisition of Aalto57—a 313,283-square-foot mixed-use property located at 1065 Second Avenue in Sutton Place, Commercial Observer has learned. Deutsche Bank provided the 10-year, fixed-rate, interest-only CMBS loan. The lender was selected for its certainty of execution and also its relationship with Oxford Properties, sources told CO.

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