Here is a roundup of Middle Market activity in the Northeast for Friday, December 30, 2016.
Commentary
A quiet holiday week wrapped up the year in the Northeast, with a few owners and developers taking advantage of continued low interest rates to reposition financing packages on several properties. Eastman Companies refinanced its Eisenhower Corporate Campus in Livingston, NJ for the second time in less than 10 years; and the Brooklyn Navy Yard Development Corporation refinanced outstanding EB-5 debt with two conventional loans totaling $62 million. As the new administration prepares to take office in less than a month, most observers are betting on continued low interest rates and tax relief.
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