Anglo Irish Bank Provides $62 Million in Acquisition Financing for Time-Life Building in Chicago.CHICAGO -- Anglo Irish Bank Anglo Irish Bank Corporation plc (Irish: Banc Angla-Éireannach) ISEQ: ANGL, LSE: ANGL, FWB: CKL, is a bank based in Ireland, listed on both the Irish Stock Exchange and the London Stock Exchange, and headquartered in Dublin. has provided a joint venture of affiliates of Chicago-based Golub & Company and Charlotte, North Carolina-based Wachovia Securities Wachovia Securities, located in Richmond, Virginia (soon to be moved to St. Louis), is the third largest brokerage firm in the United States as of 2006 with $689 billion retail client assets under management. It is a subsidiary of Wachovia Corporation. , with $62 million in financing for the acquisition of the Time-Life Building The Time-Life Building, located at 1271 Avenue of the Americas (6th Avenue) in Rockefeller Center in New York is an historically important building opened in 1959 and designed by the Rockefeller family's architect Wallace Harrison, of Harrison, Abramovitz, and Harris. at 541 North Fairbanks Court. The 28-story building consists of 528,567 square feet of office space and 13,070 square feet of retail space. The property is located in the historic Streeterville section of Chicago. "Anglo Irish provided us with a financing solution that will enable Golub & Company the flexibility to maximize the full potential of this property," said Michael Goldman, senior vice president of Golub & Company. According to Tony Campbell, president and chief executive officer of Anglo Irish Bank's North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. , "Golub & Company is a top caliber real estate company who we have completed a number of previous transactions with, and we are very pleased to provide them with yet another solution that met their needs for this acquisition." Anglo Irish Bank is Ireland's third largest bank and the fourth largest company listed on the Irish Stock Exchange The Irish Stock Exchange (ISE) (Irish: Stocmhalartán na hÉireann) is Ireland's stock exchange, formed through the merger of the Cork and Dublin exchanges, both of which have existed as far back as 1793. . The bank operates in three core areas - business lending, treasury and wealth management. The Bank's long established reputation is built on successful long-term relationships, service quality and certainty of deal execution, a business model which has been the foundation for their sustained market leading performance. The group operates in North America through representative offices in Boston and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of offering a variety of financing options in the acquisition, construction or refinancing of all types of commercial real estate. The group's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. business, approaching its 10th year in operation, has originated loans in excess of $12 billion and at their last reporting date of March 31st 2006 had current outstanding commitments of $4.5 billion. For more information about Anglo Irish Bank, visit the company's Web site at www.angloirishbank.com. |
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