Bonds

$163.5 Million CRE Deal Goes Through; Risk-Taking in Commercial Real Estate? 

A bit of deviation from HW’s usual fare, but an interesting press statement late yesterday caught my eye — the New York office of Holliday Fenoglio Fowler, L.P. said that it had arranged a $163.5 million acquisition and pre-development loan for a nearly 1.1 million-square-foot condominium interest in 375 Pearl Street in downtown Manhattan.