The Traderszone Network

Published in TZ Latest News 22 August, 2016 by The TZ Newswire Staff

Blackstone, SL Green lend $240M on RPW’s 275 Madison buy

Robert Weisz’s RPW Group locked in a $240 million loan from Blackstone Group and SL Green Realty to purchase the 44-story office tower at 275 Madison Avenue in Midtown, sources told The Real Deal. The Westchester County-based landlord closed Friday on the $270 million purchase of the landmarked 336,000-square-foot tower at East 40th Street, the firm said. It entered contract to buy the property from Aby Rosen’s RFR Holding in June, as TRD first reported.

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