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February 01, 2019  

AIG Team Refinances NY Apartment Complex

AIG, Apollo Global and SL Green Realty have teamed up to provide about $675 million of floating-rate debt on an upscale apartment complex in Manhattan.The five-year mortgage replaced a $650 million package the same lenders provided just over two years ago on the American Copper Buildings, overlooking the East River. The 761-unit property is owned by a joint venture among JDS Development and Largo Investments, both of New York, and Baupost Group...

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