The Traderszone Network

Published in TZ Latest News 25 August, 2016 by The TZ Newswire Staff

Aion buys out Clarion’s stake in 11 East 44th Street

Aion Partners is buying Clarion Partners out of its stake in a Midtown East office building using, in part, $80 million in loans. Deutsche Bank and SL Green Realty provided an $80 million to Aion to refinance 11 East 44th Street and buy Clarion’s ownership stake in the building, the Commercial Observer reported. The financing, which consists of a $65 million senior mortgage from Deutsche and a $15 million mezzanine loan from SL Green, replaces … [more]

read more