The buyer of an enormous sale of the debt attached to Albany’s largest mall has now been identified. Cannae Advisors, a Greenwich, Conn.-based investment firm, has partnered with Morgan Stanley (MS) on a joint venture to purchase $173.9 million worth of loans served by the Crossgates Mall, Commercial Observer has learned. Pyramid Management Group, the largest privately held shopping center developer in the Northeast, remains the owner of the property.
Pyramid Finds Buyer for $243M Crossgates Mall Debt therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.