Brief
Broad Street Development and KSR Capital Seal $138M Recap for 370 Lexington Avenue
Broad Street Development has closed a $138 million refinancing and recapitalization of 370 Lexington Avenue, a 317,000-square-foot office tower in Midtown Manhattan, Commercial Observer has learned.
Summary
Together with KSR Capital, Broad Street completed the recap through a $28 million investment by the partnership, plus $110 million from Acore Capital, the firms said.
Broad Street Development has closed a $138 million refinancing and recapitalization of 370 Lexington Avenue, a 317,000-square-foot office tower in Midtown Manhattan, Commercial Observer has learned. Together with KSR Capital, Broad Street completed the recap through a $28 million investment by the partnership, plus $110 million from Acore Capital, the firms said. This refinancing pays […]
Source
- Commercial Observercommercialobserver.com
