Brief
BSD, KSR Recapitalize 370 Lexington Ave. for $138M
Broad Street Development (BSD) and KSR Capital completed the refinancing and recapitalization of 370 Lexington Avenue, a recently modernized 317,000-square-foot office tower in Manhattan’s Grand Centr
Summary
Broad Street Development (BSD) and KSR Capital completed the refinancing and recapitalization of 370 Lexington Avenue, a recently modernized 317,000-square-foot office tower in Manhattan’s Grand Central submarket.
The $138-million recapitalization pays off lender Invesco.
ACORE Capital provided a $110-million senior loan in support of the transaction and ownership’s continued business plan execution. CBRE’s Peter Greisinger... The post BSD, KSR Recapitalize 370 Lexington Ave. for $138M ap
Source
- Connect CREconnectcre.com
