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NEW YORK CITY-An entity controlled by RFR Realty has lined up $160 million in syndicated financing for 980 Madison Ave., an office building on Manhattan’s Upper East Side. Meridian Capital Group negotiated the loan on behalf of 980 Madison Owner LLC.

The seven-year financing was provided by a syndicate of three banks, with a fixed-rate of 4.125% and includes a three-year extension option. New York Community Bank was the agent and led the deal with a $90- million portion of the loan. Bank United and Customers Bank rounded out the syndicate, taking $40 million and $30 million, respectively.

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