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RXR Acquires Minority Stake in Silverstein’s 55 Broad Street

Reported · Commercial Observer source summary · Residential

There’s some new blood in Downtown Manhattan at Silverstein Properties and MetroLoft’s 55 Broad Street. RXR has acquired a minority interest in the property, which is valued at roughly $500 million, as part of a broader recapitalization that also includes a $305 million senior loan from Wells Fargo. Additionally, Macquarie Capital Principal Finance is also […]

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