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New York

Developer secures $150M loan to refinance Greenwich office campus

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The Ashforth Co. will be refinancing a Greenwich office campus with a $150 million loan, the Fairfield County Business Journal reported. The real estate development firm secured the loan for Greenwich Plaza, which is near the Greenwich Train Station, from PGIM Real Estate Finance. A portion of the loan will go toward renovating the property itself, and the rest of it will be used to redevelop the new Greenwich Transportation Center, which Ashforth and the town of Greenwich are developing together, according to the outlet. [FBJ]

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