The Traderszone Network

Published in TZ Latest News 3 May, 2017 by The TZ Newswire Staff

Crown Acquisitions secures $1B refi from three banks for Olympic Tower

Crown Acquisitions landed a $1 billion refinancing from Deutsche Bank, Goldman Sachs and Morgan Stanley for the Olympic Tower office building at 641 Fifth Avenue in Midtown, The Real Deal has learned. A $760 million loan, a piece of the full package including $250 million in debt previously held by Wells Fargo, was recorded with the city’s Department of Finance Wednesday. The Olympic Tower loan also refinances retail buildings that house the Versace and Cartier […]

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