Arnold & Porter Guides LoanCore REIT On $182M NYC Loan

Law360 (September 11, 2018, 6:32 PM EDT) -- Arnold & Porter represented LoanCore Capital Credit REIT LLC in connection with its $182 million loan to Katsky Korins LLP-counseled APF Properties LLC for the real estate company's recent purchase of an office tower on Madison Avenue in Manhattan, according to records made public in New York on Tuesday.

The loan is for 183 Madison Ave., and of that $182 million figure, $8.6 million is new capital for the property while the rest is assumption and refinance of existing debt at the building.

APF Properties recently bought the 274,413-square-foot property for roughly $219.9 million. While news of the loan hit public...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!