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.
RELATED POSTS
-
July 25, 2024
Where Are the Women in Investment Sales?
Other areas of the industry have diversified in recent years — not so the field of trading buildings and sites […]
Read More -
July 24, 2024
SL Green Lands $500M Refi for 919 Third Avenue
SL Green Realty has landed a $500 million refinancing for its 47-story office building at 919 Third Avenue, the landlord announced Wednesday. Credit […]
Read More -
July 24, 2024
2023 Notable Leaders in Real Estate
Darcy Stacom serves as chairman and head of New York City capital markets at CBRE, overseeing sales, financing, joint ventures […]
Read More