Nov
01
M&T Bank, Natixis Co-Lead $195M NYC Office Refi
BySL Green, New York City’s largest office landlord, and PGIM, the global investment management arm of Prudential Financial, purchased Tower 46 in 2014, with the help of a bridge loan from Wells Fargo.
M&T Bank and Natixis have teamed up to arrange a $195 million loan for SL Green Realty Corp. and PGIM Inc., to refinance 55 W. 46th St., a 347,694-square-foot Class A office building in Midtown Manhattan.
M&T Bank served as administrative agent and Natixis is the co-lead on the senior loan that will provide capital to complete the lease-up of the building…
