Argent borrows from H&R REIT to buy $195M note on Vornado Times Square hotel
Argent Ventures borrowed an undisclosed amount from Toronto-based H&R REIT to buy a $195 million note on Vornado Realty Trust’s Times Square hotel at 1605 Broadway. The deal closed on December 23, 2020 and was recorded on January 14, 2021. The property contains a total of 843,131 square feet of built space. Argent borrowed an undisclosed amount from H&R REIT and collaterally assigned it an…