Natixis-led group provides $2B to finance Maefield’s 20 Times Sq. deal

UPDATED, April 30, 5:58 p.m.: Mark Siffin’s Maefield Development closed Monday on the massive buyout of its partners in the hotel-and-retail project known as 20 Times Square, The Real Deal has learned. The deal values the property at $1.53 billion. A group of lenders led by French bank Natixis provided about $2 billion in acquisition financing and refinancing for the property, which has the street address of 701 Seventh Avenue, said sources familiar with the […]

Source: Real Estate

Leave a Reply

Your email address will not be published. Required fields are marked *