The Traderszone Network

Published in TZ Latest News 24 August, 2017 by The TZ Newswire Staff

SL Green, Vornado close on $1.2B refi for 280 Park

SL Green Realty and Vornado Realty Trust closed on a $1.2 billion financing package to refinance the 43-story office tower at 280 Park Avenue. The financing replaces a $900 million loan from a group that includes Deutsche Bank and Bank of China, which closed in 2016, that was set to mature in 2023. The new interest-only loan will mature in 2024 and carries a rate of Libor plus 1.73 basis points. It’s not immediately clear […]

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