financetom
Business
financetom
/
Business
/
Paramount Group Closes $900 Million Refinancing of New York Property
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Paramount Group Closes $900 Million Refinancing of New York Property
Aug 7, 2025 2:15 AM

04:52 AM EDT, 08/07/2025 (MT Newswires) -- Paramount Group ( PGRE ) said late Wednesday it completed a $900 million refinancing of the office building at 1301 Ave. of the Americas in Midtown Manhattan, New York.

The five-year, interest-only loan carries a 6.39% fixed rate and matures in August 2030.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Australian employees now have the right to ignore work emails, calls after hours
Australian employees now have the right to ignore work emails, calls after hours
Aug 29, 2024
SYDNEY (Reuters) - Is your boss texting you on the weekend? Work email pinging long after you've left for home? Australian employees can now ignore those and other intrusions into home life thanks to a new right to disconnect law designed to curb the creep of work emails and calls into personal lives. The new rule, which came into force...
Fire at Rivian's Illinois plant damages multiple EVs, no injuries reported
Fire at Rivian's Illinois plant damages multiple EVs, no injuries reported
Aug 29, 2024
Aug 25 (Reuters) - A fire broke out at a parking lot at Rivian Automotive's ( RIVN ) manufacturing facility in Normal, Illinois late on Saturday damaging many of its electric vehicles, the U.S. startup said on Sunday. There were no reports of injuries and the cause of the fire was being investigated, a company spokesperson told Reuters. The fire...
Fire at Rivian's Illinois plant damages multiple EVs, no injuries reported
Fire at Rivian's Illinois plant damages multiple EVs, no injuries reported
Aug 29, 2024
(Reuters) - A fire broke out at a parking lot at Rivian Automotive's manufacturing facility in Normal, Illinois late on Saturday damaging many of its electric vehicles, the U.S. startup said on Sunday. There were no reports of injuries and the cause of the fire was being investigated, a company spokesperson told Reuters.    The fire was at a parking...
Stocks stutter, dollar sags; Nvidia earnings in focus
Stocks stutter, dollar sags; Nvidia earnings in focus
Aug 29, 2024
SYDNEY (Reuters) -Major share markets turned hesitant on Monday, while the dollar and bond yields sagged ahead of inflation data that could pave the way for rate cuts in the United States and Europe, while Wall Street braced for earnings from AI darling Nvidia. Oil prices climbed after Israel and Hezbollah traded rocket salvos and air strikes on Sunday, stirring...
Copyright 2023-2026 - www.financetom.com All Rights Reserved