Rockefeller Center in New York is seeking to raise $3.5 billion for debt refinancing, led by Bank of America and Wells Fargo.
The structure of the deal will be a single-asset, single-borrower commercial mortgage-backed security. The Canada Pension Plan Investment Board is in discussions to participate in the transaction.
Originally built in the 1930s for the Rockefeller family, the property is currently owned by Tishman Speyer. Bank of America, Wells Fargo, the Canada Pension Plan Investment Board, and Tishman Speyer have not commented on the matter.