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Milbank Helps With $101M Pimco Loan For New York Property

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Milbank Helps With $101M Pimco Loan For New York Property
Law360 (April 30, 2021, 5:35 PM EDT) A Pimco entity has loaned roughly $100.7 million to Centaur Properties for residential and commercial space at a Manhattan West 27th Street property and Milbank worked on the transaction, according to records made public in New York on Friday.
The loan from Jardim XX LLC, which is affiliated with Newport Beach, California-based Pacific Investment Management Co. LLC, is for 527 W. 27th St. and is an assumption of pre-existing debt on the property on the part of Pimco.
Mortgage documents filed in New York on Friday show Erwin Dweck, a New York-based partner at Milbank LLP, worked on the deal, although. ....

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Caspi tops out Tribeca hotel as sector scorns the virus

Caspi Development has topped out of 456 Greenwich Street in Tribeca, the future home of the Hotel Barrière Le Fouquet’s New York (rendering top).
Managed under the Groupe Barrière brand, the property will have
96 guest rooms and suites. Situated between Desbrosses Street and Washington
Street, the eight-story hotel will feature several food and beverage
destinations, a private spa, swimming pool, an interior courtyard, screening
room, and board rooms.
“The topping out of
456 Greenwich Street represents a culmination of six years of tireless work by
all involved, and it is our aspiration that the property will serve as a beacon ....

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First Tru by Hilton in the state opens in Spokane Valley

First Tru by Hilton in the state opens in Spokane Valley
wenatcheeworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wenatcheeworld.com Daily Mail and Mail on Sunday newspapers.

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