Ray Yadidi lands $83M loan for Garment District purchase

Signature Bank and Mack Real Estate are loaning Ray Yadidi’s Sioni Group $82.5 million for its purchase of the DKNY headquarters at 240 West 40th Street. Signature Bank provided the company with a $62 million mortgage, while Mack Real Estate provided a mezzanine loan for $20.5 million, according to Commercial Observer. The Real Deal reported in April that Sioni Group was in contract to buy DKNY’s Midtown office from JPMorgan Chase, Jonathan Rose Companies and […]Home Page,Commercial Real Estate,signature bankhttps://therealdeal.com/2018/07/13/ray-yadidi-lands-83m-loan-for-garment-district-purchase/