Flushing’s Skyview Mall Secures $285M Refinancing
Morgan Stanley has originated the 2-year $285 million floating -rate loan to refinance the Blackstone Group-owned Shops at Skyview. News of the loan that will be securitized into a single-asset commercial mortgage-backed securities transaction comes at a time when the retail sector is looking to bounce back from the impact of the pandemic. The two-building, three-story 510,000-square-foot retail power center located in downtown Flushing, Queens is part of the 13-acre Sky View Parc mixed-use complex.
Source: https://therealdeal.com/2021/06/04/blackstone-lands-285m-cmbs-refi-for-flushings-skyview-mall/