$A80 million stretch senior acquisition financing provided for 1 York Street, Sydney
Sydney, 01 Jan 2012
Macquarie CAF Lending completed an $A80 million stretch senior acquisition financing of 1 York Street Sydney, an Australian CBD office property.
Working with an offshore sponsor, Macquarie CAF Lending leveraged its extensive experience in commercial real estate and credit investing, together with its familiarity with the local market, to provide a customised financing solution within a bespoke ownership and borrowing structure.
This funding assisted the sponsor to complete its acquisition of the upper B grade office property.