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Sterling Bay Secures Major Refinancing | Real Estate News

Sterling Bay Secures Major Refinancing | Real Estate News

Published 1 week, 4 days ago
Description

Sterling Bay just pulled off a major financial win, securing a $213 million, three-year refinancing for their Fulton Market office tower — a 24-story, 500K sq ft powerhouse with premium amenities and 76% occupancy. This move comes amid real estate headwinds and signals strong confidence in the asset, especially after dodging past issues with Bank OZK. Meanwhile, they’re also eyeing a sale of another Fulton Market property and recently closed a $290 million refinancing in San Diego — proving they’re not just surviving, they’re thriving.

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