The private equity fund closed its $435 million purchase of 1375 Broadway from Westbrook Partners last week, Commercial Observer reports. In May, The Real Deal reported that the transaction could slow down Savanna’s fundraising efforts. To complete the deal, Savanna landed $388.5 million in financing from a consortium of lenders including Brookfield Real Estate Finance, investment firm Declaration Partners and two entities tied to Deutsche Pfandbriefbank and Aareal Capital Corporation. Brookfield originated the senior and The post Savanna closes on Garment District office with $388M loan appeared first on The Real Deal New York.