Commercial Real Estate Direct Staff Report S3 Capital, which had provided $24.5 million of financing for the development of the 16-unit residential condominium property at 439 East 77th St. in Manhattan, leveraged its loan with an $18.4 million note-on-note facility from OakNorth, a 10-year-old online bank based in the United Kingdom. Such note-on-note facilities have […]

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