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L&L Secures Financing Package for 425 Park Avenue

425The ALS Team congratulates, our client, L&L Holding Company on completing $9111.4 million financing on the iconic 47-story office tower at 425 Park Avenue.  The finance package, obtained through a consortium of lenders led by Blackstone Real Estate Debt Strategies, replaces 425 Park’s original construction loan and will cover the final stages of the project, including full lease-up, prior to being replaced by permanent financing.  

We are proud to have had the opportunity to support risk management needs of L&L Holding Company on this project! 

 

Our areas of expertise include:

  • Enterprise Risk Management (ERM)
  • Cyber Security & Cyber Liability Insurance
  • Construction Management
  • Customized Risk Management Assessments (RMAs)

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