AIG Lends $113M on Hudson Square Office Building

Source: Commercial Observer

Chicago-based Callahan Capital Properties has taken out a $133 million loan from the insurance arm of AIG, public records indicate. The loan is backed by office building 330 Hudson Street, in the Hudson Square area. Callahan, along with partner IvanhoƩ Cambridge, a Canadian pension and insurance fund manager, announced last month that it had acquired a 49 percent interest in the property for approximately $150 million, as Commercial Observer reported at the time. Read full story

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