The project, which broke ground in December 2016, when completed will redevelop the iconic TWA Flight Center and construct a new TWA Hotel at John F. Kennedy International Airport. The two hotel structures are now topped out and the TWA Hotel is on schedule to open in the spring of 2019.
M&T Bank was the sole lead arranger and administrative agent for the multi-bank loan, with participation from Mercantil Bank, N.A., BMO Harris Bank N.A., Western Alliance Bank, Flushing Bank and Union Labor Life Insurance Co., on behalf of its separate accounts.
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