Real Estate
Abraham Leser’s Leser Group refinanced its Downtown Brooklyn office building 111 Livingston Street with a $120 million loan from Citigroup and Deutsche Bank. The new mortgage refinances a $80 million CMBS loan originated by GE Capital in 2006, which matured on January 1. The Brooklyn landlord bought the 23-story, 397,650-square-foot tower in 1995. One of its tenants is the New York State Workers Compensation Board.