To view this content, you need to sign in.
You should only be asked to sign in once. Not the case? Click here
Register now to access this content and more for free.
BOA, Wells Fargo seek partners in $640m loan to Tishman
Bank of America and Wells Fargo are seeking partners in a $640m construction loan to Tishman Speyer for its $1.1bn development of a three-tower residential scheme in Queens, New York. The floating-rate, four-and-a-half year facility at 250bps over one-month LIBOR, reflects a loan-to-cost of 55%. The two US banks are believed to be in talks with a number of lenders interested in participating.
