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Real Estate Rumors: Olayan Group, Brennan Center, Echion

By Andrew McIntyre (June 2, 2016, 2:03 PM EDT) -- Saudi firm The Olayan Group has scored $570 million in financing from a subsidiary of ING Group for its $1.4 billion purchase of the Sony Building in Manhattan, The Real Deal reported on Thursday. The bridge loan from ING Capital is for Olayan's purchase of the 853,000-square-foot property at 550 Madison Ave. from Chetrit Group LLC and Clipper Equity LLC, The Real Deal said....

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