Brookfield Property Partners obtained financing of $140M from M&T Bank at Manhattan West

Brookfield Property Partners through the entity BOP MW Retail Subsidiary LLC as borrower signed a loan agreement with lender M&T Bank through the entity Manufacturers And Traders Trust Company valued at $140.0 million for 8 parcels, including the tax class other (OT) at 425 West 33rd Street, 440 West 31 Street, 391 9 Avenue and others in Hudson Yards. The deal closed on August 22, 2019 and was recorded on September 03, 2019.

The Real Deal reported the loan total as $184 million.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
A recent story on the property. link.

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