UC Funds, a real estate originator based in Boston, has provided a $36 million refinancing on Detroit’s iconic Fisher Building, Commercial Observer can first report.

The deal brings sponsors HFZ Capital and The Platform—a private Motor City development firm—money to knock out prior debt on the Art Deco office monolith, a previous senior mortgage that came from Arena Investors, sources with knowledge of the new debt package disclosed.

Read the full article on the Commercial Observer

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