Related JV Lines Up $1.5 Billion Contruction Loan for Next Hudson Yards Tower

Related Companies, Oxford Properties Group and Mitsui Fudosan America, Inc. today announced the closing of a $1.5 billion senior construction loan for 50 Hudson Yards, which represents the final piece in the $3.8 billion financing of the massive development’s flagship tower. Wells Fargo, Deutsche Bank, HSBC, Bank of China and Sumitomo Mitsui Banking Corp. arranged the final construction loan for the 59-story, 2.8 million-square-foot tower scheduled…

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