The Real Deal New York

Swig refinances Sheffield57

November 05, 2008 03:18PM

Kent Swig, president of Swig Equities, has refinanced Sheffield57, the condo conversion at 322 West 57th Street.
Swig said he “re-upped all the lenders” of his $104.7 million loan
from KeyBank, and extended it for 18 months. KeyBank had put the loan on a watch
list of potentially risky deals, according to an August Standard & Poor’s
report.

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