Mayer Brown Reps MetLife In $725M NYC Office Financing

Law360, New York (October 31, 2011, 5:08 PM EDT) -- MetLife Inc. has provided a combined $725 million in financing to borrowers that are investing in two New York office buildings, the insurer and real estate loan provider said Monday.

MetLife financed a $350 million, five-year, fixed-rate mortgage for an office condominium unit in Times Square to a joint venture between real estate investor Edge Fund Advisors and HSBC Alternative Investments, it said in a statement. The insurer also said it provided $375 million of a $725 million loan for a Boston Properties' office and retail property on...
To view the full article, register now.