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Stuy Town deal to get Fannie Mae financing

December 7, 2015

Mortgage giant Fannie Mae is backing the Blackstone Group and Ivanhoe Cambridge’s acquisition of S

Stuyvesant Town Mortgage giant Fannie Mae is backing the Blackstone Group and Ivanhoe Cambridge’s acquisition of Stuyvesant Town-Peter Cooper Village with a $2.7 billion credit guarantee, the government-backed company announced Monday. (more…)

Source: The Real Deal