HomeBriefs

Brief

Rialto, Hines Refi 295 Fifth With $229M Loan

A joint venture consisting of PGIM, Tribeca Investment Group and Meadow Partners has landed a $228.9 million loan to refinance a newly-renovated 19-story office tower in Manhattan’s Midtown South neig

File photo

Summary

A joint venture consisting of PGIM, Tribeca Investment Group and Meadow Partners has landed a $228.

9 million loan to refinance a newly-renovated 19-story office tower in Manhattan’s Midtown South neighborhood.

Rialto Capital Management, as part of a joint venture partnership with Hines, supplied the floating-rate, interest-only bridge debt for the sponsorship’s 295 Fifth Avenue property […]

Source