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Real Estate Rumors: Bank of China, Chiquita, Wharton Equity

By Andrew McIntyre (January 20, 2017, 6:06 PM EST) -- A venture that includes Wharton Properties has scored a $60 million refinance from Bank of China for a retail property in Times Square in New York, according to a report on Friday from Commercial Observer that cited sources with knowledge of the matter. The three-year loan is for 661 Eighth Ave., where Duane Reade has all of the 17,667 square feet of retail space, Commercial Observer said. The borrower is represented by Morris Missry of Wachtel Missry LLP....

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