The Traderszone Network

Published in TZ Latest News 2 June, 2017 by The TZ Newswire Staff

Alexico lands $265M refi for the Mark Hotel

Alexico Group refinanced the Mark Hotel on the Upper East Side with a $230 million loan from JPMorgan Chase, property records filed with the city Friday show, but a source close to the transaction told TRD the total financing volume is $265 million. The new financing includes a $30 million gap mortgage and replaces a $200 million loan from TPG Real Estate Finance. Alexico turned the property at 992-998 Madison Avenue and an adjacent townhouse […]

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