In the latest transaction to impact the commercial mortgage-backed securities market, Paramount Group completed a $1.25 billion refinancing of Paramount Plaza at 1633 Broadway, a 2.5 million-square-foot trophy office building where the musical "Wicked" is performed between 50th and 51st streets in New York City.
New York Home of 'Wicked' Secures $1.3 Billion Refinancing
Paramount Plaza Owner Realizes $179 Million of Net Proceeds
CoStar News
December 4, 2019 | 9:44 P.M.
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