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2018-06-13  16:15

CIJ USA

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Continuum secures $167.5m to fund sales at Madison Square Park Tower

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Continuum secured a $167.5m loan for the recently completed Madison Square Park Tower in Manhattan's Flatiron district. The funding will be used to continue the project’s sales process. The company has sold 58 out of 83 units for a combined $400m. Amenities include a fitness center with boxing and a private training suite, a golf simulator, basketball court, cards room and terrace with outdoor grill. The property also features Fifty Four, a 44th-floor lounge and catering kitchen. Madison Realty Capital arranged the financing on behalf of Continuum.

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