Germany-based Landesbank Hessen-Thüringen, also known as Heleba, provided the financing package, which includes $49.4 million in existing loans and $562,500 in new debt, according to documents filed with the city’s Department of Finance on Monday. The financing is for 29 West 34th Street, a three-story retail building whose tenants include Aldo and Geox.
Sutton didn’t immediately return a message seeking comment.
Wharton used those proceeds to finance its acquisition of SL Green Realty‘s $100 million investment in 530-536 Broadway. The two companies had purchased the 11-story office and retail buildings for $340 million in 2014.