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Westbrook refis 1375 B’way with $230M loan

Westbrook refis 1375 B’way with $230M loan

UPDATED, June 13, 12:35 p.m.: Westbrook Partners refinanced its 513,000-square-foot office building at 1375 Broadway in the Garment District with a $230 million loan from French bank Credit Agricole, property records filed with the city Tuesday show. The deal replaces a $180 million loan Credit Agricole lent Westbrook in May 2015 when the private equity firm bought the building from Savanna for $310 million. Representatives for Westbrook and Credit Agricole could not be immediately reached […]

Source: realdeal


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