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Savanna Recapitalizes Midtown Office May 14, 2010 04:47 PM

Savanna is set to become the majority owner of 386 Park Avenue South in New York in a venture that recapitalizes the building for Monday Properties. Savanna will pay close to $180 per square foot, or $45 million, to pay off the property's senior mortgage, which was sold by the original lender, Capital ...

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