RXR closed $800M in debt over two days

Scott Rechler’s RXR Realty sewed up two major refinancing deals within about 24 hours. The first deal, at Pier 57, with Youngwoo & Associates, was a 10-year, $375 million balance sheet loan from Nuveen Real Estate, Commercial Observer reported. Ackman-Ziff arranged the financing and the deal closed Thursday. The second refinancing was for an office building at 32 Old Slip. The $404 million floating-rate, five-year loan was provided by Mesa West Capital, according to the […]

source https://therealdeal.com/2019/04/15/rxr-closed-800m-in-debt-over-two-days/

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