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3 Columbus Circle 3 Columbus Circle

NEW YORK CITY—The Moinian Group closed on a $595 million commercial mortgage-backed security loan from J.P. Morgan and Deutche Bank to refinance 3 Columbus Circle. The loan includes 10 years of interest-only payments at a rate of 3.914%. It replaces the Moinian Group’s existing $350 million CMBS loan.

Betsy Kim

Betsy Kim is the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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