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Acquisitions

Real Estate Roundup 7.31

Milstein Properties is looking for a $750 million loan to refinance 335 Madison Avenue. They are rumored to be close to a deal with a division of Brookfield Property Partners. (TRD)

Thomas Anderson has secured a $67 million mortgage from Citigroup to refinance his stake in an apartment complex at 31-33 Lincoln Road and 510 Flatbush Avenue in Prospect Lefferts Gardens. (CO)

United Overseas Bank, which provided a $195 million loan to the sponsors of 125 Greenwich, sold the senior debt to real estate development firm BH3 Capital Partners at cost. (TRD)

Other news

Pi Capital Partners files plans for a 67,000 SF mixed-use project at 335 Fifth Avenue in Koreatown. It will contain 82 residential units, and will be split between about 56,000 SF of residential space and 11,000 SF of commercial space. (TRD)

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