In connection with the acquisition, SL Green will assume $49.85 million of in-place financing. The 5.74% interest-only loan matures in March 2014.
Pretty sure that's not a CMBS loan. Not sure whose it is.
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3 comments:
how did you check? Trepp?
I used Bloomberg's PLKU function.
But, the google service on the interwebs tells me it is Prudential, by way of Cigna. Search this document for "600 Lex" and you'll see it.
I believe Pru bought Cigna's entire business line that same year, which is why this later report intermixes their names - but don't hold me to that statement.
I believe it is part of a crossed loan portfolio, might be a bofa securitization
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