NYC Real Estate Week in Review
Ballard Spahr assisted with the financing for one of the largest deals of the week: The University Financing Foundation Inc. (TUFF)'s roughly $163.6 million purchase of three properties on Third Avenue in Manhattan from Mautner-Glick Corp.
TUFF landed a $246 million loan from CGA Mortgage Capital LLC, a matter on which Fred Wolf III and John Engel at Ballard Spahr counseled CGA Mortgage Capital.
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