The iconic Manhattan office tower is slated for a $1.5 billion 10-year refinance, scheduled to price at a 6.25 percent interest rate.
Last year Bren bought out the last of Tishman’s stake at an undisclosed price. The MetLife is the only New York building in his 130-million-square-foot portfolio.
Donald Bren’s company is closing a refinancing deal at 6.25% interest, a sizable jump in costs for 200 Park Avenue.
Irvine Company is refinancing the MetLife Building in Midtown ... Irvine and Tishman acquired the building in 2005 for $1.7 billion. It’s the only New York holding for Irvine, which recently ...