Loans in focus: RXR’s Midtown refi; Marathon’s Lone Star lending; Apollo’s acquisition backing
High-quality office continues attracting institutional capital with an RXR Realty-led venture securing a $407 million refinancing for 450 Lexington Avenue; Marathon Asset Management channels $235 million of senior debt into senior housing to support a Lone Star Real Estate-affiliated portfolio refinancing; Apollo Global Management is backing a swath of hotel purchases with a $363 million financing alongside $45 million of structured financing from Ascendant Capital Partners; and more in our round-up of stateside loan deals from the past week.
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