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AXA Equitable Provides $103M Recapitalization for Midtown’s Ellington Building

Rose Associates and its joint venture partner, Morgan Stanley Real Estate Investing (MSREI), have secured $103 million to recapitalize the Ellington, a 29-story multifamily building in Midtown Manhattan, Commercial Observer can first report. AXA Equitable provided the debt. No broker was listed on t

Source: Commercial Observer

Rose Associates and its joint venture partner, Morgan Stanley Real Estate Investing (MSREI), have secured $103 million to recapitalize the Ellington, a 29-story multifamily building in Midtown Manhattan, Commercial Observer can first report. AXA Equitable provided the debt. No broker was listed on the transaction. Marc Ehrlich, president of Rose Associates, noted that the deal […]

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