Brookfield Completes $1.25 Billion Refinancing of Five Manhattan West

Summary by AI BETAClose X

Brookfield Corporation announced the completion of a $1.25 billion refinancing of Five Manhattan West, a 1.7 million-square-foot office tower. The five-year loan has a fixed interest rate of 6.0% and was provided by a syndicate of financial institutions. The building underwent a $350 million redevelopment completed in 2017. Year-to-date, Brookfield has executed over $28 billion of financing across its global real estate portfolio and $15 billion in realizations.

Disclaimer*

UK 100

Latest directors dealings