More Manhattan landlords are getting in on the refinancing bonanza for their trophy properties. Brookfield and the Qatar Investment Authority are preparing to be the next to tap the spigot, lining up a $1.9 billion loan for Two Manhattan West, according to a S&P Global dispatch reported by Crain’s. Wells Fargo is leading the bank consortium that agreed to provide the debt. The refinancing of the Hudson Yards tower should prove to be a boon for ownership, which is expected to pocket $273 million in cash returns from the deal. The 58-story, 2-million-square-foot property is 97 percent leased and counts […]
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