SJP, Mitsui Fudosan land $460M in financing for UWS’s tallest development

SJP Properties and Mitsui Fudosan America landed $460 million in financing for their controversial Upper West Side condominium development. Japanese bank Sumitomo Mitsui provided the developers with a $464.1 million loan for their planned, record-breaking tower at 200 Amsterdam Avenue, property records filed with the city Thursday show. Sumitomo Mitsui and Mitsui Fudosan are both subsidiaries of the same Japanese conglomerate, the Mitsui Group. The financing package includes $266 million in new debt and refinances […]

Source: Real Estate

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