News
Tishman Renegotiating Loan on One Alliance
February 28, 2011
Bisnow has learned that the owner of One Alliance Center (the Buckhead building on the right below) is in talks to refinance its$165M loan. |
Owner Tishman Speyer has been recapitalizing office properties all around the US the past year, investing over $1B in fresh equity. Sources tell us it's maintained its obligations on the loan but has voluntarily placed it in special servicing with LNR in order to modify it. Tishman Speyer officials declined to comment. (The firm bought the building from Blackstone in 2006 as part of an Atlanta portfolio that included Colony Square and then-under construction Two Alliance Center.) |