Hinckley Allen Steers Citizens Bank's $85M Manhattan Loan

By Andrew McIntyre (March 15, 2019, 5:12 PM EDT) -- Hinckley Allen & Snyder LLP represented Citizens Bank NA in connection with its $84.9 million loan to Divco West Real Estate Services LLC for a property on West 43rd Street in Manhattan, according to records made public in New York on Friday.

The loan is for 311 W. 43rd St., which is also known as the Press Building. The majority of that figure is assumption and refinance of pre-existing debt at the property, although nearly $20 million is new debt.

Separate documents filed in New York on Friday show the building received a roughly $13.9 million loan from Citizens Bank and...

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