Alexander's Completes $500 Million Refinancing of 731 Lexington Avenue Office Condominium Realizing $188 Million of Net Proceeds
PARAMUS, NJ--(Marketwired - June 01, 2017) - ALEXANDER'S, INC. (NYSE: ALX) announced today that it has completed a $500 million refinancing of the office portion of 731 Lexington Avenue. The interest-only loan is at LIBOR plus 0.90%, currently 1.95%, …