Dermot Company and Dutch pension fund PGGM landed a $260 million mortgage to fund their acquisition of Upper West Side apartment complex 101 West End Avenue. The lender for the new loan is German firm Landesbank Hessen-Thüringen. Landesbank, also known as Helaba, assumed the $122.3 million unpaid balance from a 2013 mortgage provided by Fannie Mae and the Bank of New York Mellon. The loan package also includes $137.7 million in new financing. The property is [...]
