An affiliate of New York based Marathon Asset Management has successfully concluded a refinancing of € 99.5million through Morgan Stanley. Purpose of the € 99.5 million financing was to refinance existing debt on the Phoenix portfolio. The Phoenix portfolio consists of 18 high quality offices in the Netherlands. Unifore acted as advisor to Morgan Stanley in the transaction.
Unifore and Morgan Stanley have an exclusive cooperation to provide commercial real estate loans in the Dutch CRE market, enabling borrowers across the Netherlands access to flexible loan structures and LTVs. Unifore and Morgan Stanley target loans across a wide variety of commercial real estate asset classes and with a minimum size of € 10 million, but also have the ability and capacity to provide funding for significantly larger transactions.