Real Estate Weekly
Image default
Debt & Equity

Thor refinances Brooklyn office building

Thor Equities Group has refinanced 180 Livingston Street in Brooklyn for $92.2 million, company executives announced.

Acquired by Thor Equities in 2015, 180 Livingston Street (pictured top) features 267,226-square-feet of office and retail space. Nearly 100 percent occupied, tenants at the six-story property include the New York City Transit Authority, Helen Keller Services, Brooklyn Defender Services, The New York Foundling Hospital, Tiny Steps, and Dallas BBQ.

Joe Sitt

“We are proud to have successfully leased 180 Livingston to a variety of outstanding tenants and brought value to both the building and dynamic neighborhood,” said Chairman of Thor Equities Group, Joe Sitt. “This transaction signifies our belief in the strength of Downtown Brooklyn, and we look forward to what is next for this asset.”

The financing was provided by MetLife.

(Visited 1 times, 1 visits today)

Related posts

Taconic Capital Advisors Closes $500M Distressed and Opportunistic Real Estate Fund

REW

New York Outer Boroughs industrial portfolio refinanced with $60.8M loan

REW

JLL arranges $230M refinancing for new Lionsgate Studios in Yonkers

REW