Soloviev Group Refinances 9 W. 57th for $1.8B

Soloviev Group and lead lender Bank of America announced the $1.8-billion refinancing of 9 W. 57th St., the trophy Midtown office tower that reportedly set a new ceiling for rents. The interest-only, fixed-rate commercial mortgage loan matures in June 2031, according to S&P Global. The transaction reflects the Class A building’s exceptional quality, strong tenant demand...