Sign up for free newsletter

 

4 Union Square South

Vornado completes USD120m refinancing of 4 Union Square South


Real estate investment trust Vornado Realty Trust has completed a USD120m refinancing of 4 Union Square South, a 206,000 square foot Manhattan retail property.

The seven-year loan bears interest at LIBOR plus 2.15 per cent and amortizes based on a 30-year schedule beginning in the third year.

The net proceeds from the refinancing were approximately USD42m after repaying the existing loan and closing costs.

Furtherreading
from our other sites
events
2 days 6 hours from now - Vienna
6 days 19 hours from now - New York
1 week 1 day from now - Hong Kong
1 week 1 day from now - Frankfurt
training
Tue, 07/03/2017   - London
Sun, 19/03/2017   - London
Mon, 20/03/2017   - London
listingsdirectory
IKONIC Fund Services Ltd.
Tue, 29/11/2016 - 11:28
Backstop Solutions Group
Tue, 08/11/2016 - 17:44
The Gemini Companies
Mon, 17/10/2016 - 11:51
specialreports
other gfm publications