SL Green Realty Corp.SL Green Realty Corp. has acquired a $51.9 million interest in an existing first mortgage loan secured by 2 Grand Central Tower, New York New York, state, United StatesNew 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 . This is a subordinate participation interest in an existing first mortgage loan currently held by Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. Mortgage Capital, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The acquisition continues SL Green's structured finance program that focuses on high-yield lending and preferred equity investments. Two Grand Central Tower, also known as 140-148 East 45th Street and 147-151 East 44th Street, is an approximately 620,000 square-foot commercial office building located in the Grand Central submarket, SL Green's primary focus area. The building's primary tenant is Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. . |
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