Connect with us

Hi, what are you looking for?

Jewish Business News

Real Estate

Brookfield Lands $600 Millio Loan from Four Insurance Giants



A group of life insurance lenders including MetLife, New York Life Insurance Company, Prudential Financial and AXA Equitable Life Insurance Company provided a $600 million loan to refinance Brookfield Property Partners’ office tower at 250 Vesey Street, records filed with the city show.

The new loan, which closed on on Oct. 23, replaces and nearly doubles $325 million in financing that Deutsche Bank provided to the borrower last year. With the new financing, Brookfield was able to secure an additional $275 million in debt, the loan documents show.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Read the full story at Commercial Observer, by Danielle Balbi 



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.