Thor Equities has secured a $92 million loan from MetLife to refinance 180 Livingston Street. The office and retail property spans 267,226 SF, and is located in Downtown Brooklyn.
- Financing details: The new loan appears to replace $90 million in debt provided by TPG Real Estate Finance Trust at the time of the acquisition.
- Tenants include… New York City Transit Authority, Helen Keller Services, Brooklyn Defender Services, New York Foundling Hospital, Tiny Step, and Dallas BBQ. The property is nearly 100 percent occupied.
- Flashback: CO noted that Thor paid $136 million for the asset in 2015.