Brief
UBS Refis Chelsea Office Building With $161M Loan
A joint venture between Vornado Realty Trust and Aurora Capital Associates has sealed a $161 million loan to refinance an office and retail asset in Manhattan’s Chelsea neighborhood. UBS provided the
Summary
A joint venture between Vornado Realty Trust and Aurora Capital Associates has sealed a $161 million loan to refinance an office and retail asset in Manhattan’s Chelsea neighborhood.
UBS provided the interest-only loan for the sponsorship’s 194,000-square-foot office building at 61 Ninth Avenue, sources told Commercial Observer.
The property has 143,000 square feet of office […]
Source
- Commercial Observercommercialobserver.com
