financing


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From left: Sabey Corporation CEO John Sabey, National Real Estate Advisors CEO Jeffrey Kanne and 375 Pearl Street (Sabey, National Real Estate Advisors, Tdorante10/Wikimedia)

Sabey lands $250M refi for 375 Pearl Street

Sabey Corporation and National Real Estate Advisors secured a $250 million refinancing deal for the former Verizon office tower at 375 Pearl Street. Lenders Wells Fargo and JPMorgan provided a $220 million, 10-year, fixed-rate...

Sabey lands $250M refi for 375 Pearl Street
Sotheby’s CEO Charles Stewart and 1334 York Avenue (Sotheby's; Google Maps)

Sotheby’s gets $483M loan for its UES headquarters

Sotheby’s auction house is getting new financing on its home. Barclays just closed on a $483 million, five-year, floating-rate...

Sotheby’s gets $483M loan for its UES headquarters
Cyril Berdugo and Tom Petit (Credit: Landis)
National

Proptech startup Landis inks deal to turn renters into buyers

Landis, a startup that uses technology to boost homeownership, has inked a deal with Transcendent Investment Management, a major...

Proptech startup Landis inks deal to turn renters into buyers
(Credit: back image of 1942-43 archival Office for Emergency Management War Production Board advertisement, sourced from National Archives and Records Administration; left photo by World Travel & Tourism Council/Flickr)
Weekend Edition

HNA begins buying back their own debt

Amid rising investor concerns and climbing yields, HNA Group has begun buying back bonds. Though the Chinese conglomerate insists in a statement that its “finances are stronger than ever,” the Wall Street Journal reported...

HNA begins buying back their own debt

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