[New post] Signature Bank Lends $125Mln to Fund Purchase of Manhattan Retail Space

Dan Moynihan posted: "Commercial Real Estate Direct Staff Report Signature Bank has provided $125 million of financing to help fund the $192 million purchase of the 59,839 square feet of retail space at 530 Fifth Ave. in midtown Manhattan. As reported, a venture of Auror" New post on Commercial Real Estate Direct Signature Bank Lends $125Mln to Fund Purchase of Manhattan Retail Space by Dan Moynihan Signature Bank has lent $125 million to help fund the purchase, by a venture of Aurora Capital Associates and Edmond M. Safra, of the 59,839 square feet of retail space at 530 Fifth Ave. in midtown Manhattan. The venture bought the space, in the building's three lowest levels, from Brookfield Property Partners and Thor Equities. Read more of this post Dan Moynihan | November 29, 2021 at 5:38 pm | Categories: Top News | URL: https://wp.me/pcdE10-2jDE Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/11/29/signature-bank-lends-125mln-to-fund-purchase-of-manhattan-retail-space/