Related, Green Oak refi LIC building with $75M loan

Related Companies and Green Oak Real Estate refinanced the Long Island City building that’s home to VaynerMedia with a $75 million loan from Colony Credit Real Estate. Colony Credit provided the floating-rate debt to refinance the Blanchard Building at 21-09 Borden Avenue in the Hunter’s Point section, sources told The Real Deal. The new financing replaces more than $64 million in debt that TPG Real Estate Finance Trust provided the partners after they purchased the […]

source https://therealdeal.com/2019/04/15/related-green-oak-refi-lic-building-with-75m-loan/

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