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CARLTON ARRANGES $240M IN ACQUISITION FINANCING FOR CONDO TOWER

NEW YORK — Carlton has arranged a $240 million multi-tranched equity and debt capital stack for Michael Shvo, Davide Bizzi and Howard Lorber to acquire 125 Greenwich Street, an 80-story condo tower in Manhattan’s Financial District. Carlton provided the capital stack by coordinating six different lenders and investors from five different countries, including India and China. Michael Campbell, Jeff Kosow and Robert Mudry and Chad Roberson of Carlton worked with Chairman Howard Michaels to execute the transaction.

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