• Fri. Jun 14th, 2024

Apollo Unit Offers Refinancing for Major New York Industrial Site

Bynewsmagzines

May 12, 2023
A unit of Apollo Global Management has provided refinancing for a 53-acre site in Staten Island, New York. (CoStar)

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A unit of private equity giant Apollo Global Management has lent $88 million for what’s billed as New York’s largest privately owned industrial site as the investment giant said recently the sector has more “favorable” risk profiles compared to other property types including multifamily, retail and office.

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