A borrower | Blackstone-Ivanhoe Cambridge Joint Venture |
A lender | NYC Housing Development Corporation (HDC) |
Start Date | 2015-00-00 |
Is Current | yes |
Amount | 143,718,750 USD |
Goods | The City of New York will cause HDC or its subsidiaries to provide the Joint Venture or its affiliates with a subordinate loan in the principal amount of $143,718,750 for a term of 20 years at 0% interest that will be forgiven annually at a rate of $7,185,937.50 per annum. |