Taconic, Nuveen, LaSalle, borrow $139M from Jackson National Life for life sciences development in Lincoln Square

Taconic Partners, Nuveen and LaSalle Investment Management through the entity 125 West End Office Associates LLC as borrower signed a loan agreement with lender Jackson National Life Insurance Company valued at $139 million for 1 parcel, including the tax class commercial real estate (CR) at 125 West End Avenue in Lincoln Square. The deal closed on March 12, 2021 and was recorded on March 24, 2021.

This is the refinance of an earlier loan from LoanCore Capital. The Commercial Observer reported Taconic obtained from Apollo Global Management and Oaktree Management $393 million in construction financing, but that has not been recorded yet.
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