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Angelo Gordon, We're Group score $350M refi for Long Island offices

Posted On: Jul 26, 2021   |   Posted By: The Real Deal New York

A joint venture between alternative investment firm Angelo Gordon and local developer We're Group landed a $350 million floating rate loan for 16 Long Island office properties. Barclays and Citigroup provided the loan, which has a two-year term with three one-year extension options, according to the commercial mortgage rating report by DBRS Morningstar. Commercial Observer first reported the deal. In November 2019, Angelo Gordon acquired a 95.5 percent leasehold interest in the 2-million-square-foot portfolio from

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