After crossing the $1 billion threshold last year, Access Industries and the Witkoff Group refinanced the One High Line luxury condo development. Ares Management and JPMorgan Chase provided $525 million to the developers behind the 236-unit project, which also counts Monroe Capital as part of the development team, Bloomberg reported. The refinancing will help with carrying costs for the unsold units at the West Chelsea site. Walker & Dunlop Capital Markets Institutional Advisory arranged the financing. The debt is the latest sign of how far the development has come in the years since Access and Witkoff took the reins from […]

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