"""The contribution by George Soros is a $160 million investment, in the form of a mezzanine loan, a kind of second mortgage that typically charges a much higher interest rate than a first-mortgage construction loan.
Unlike the mezzanine loan, which has closed, terms of the $650 million construction loan have not yet been finalized, sources said.
Frankfurt, Germany-based Deutsche Bank, an active commercial real estate lender in the U.S., is expected to split up the loan with other banks.
The document does not identify the other participants, but a key member is Grove Capital LLP, according to sources familiar with the transaction.
The firm manages most of the multibillion-dollar real estate portfolio of the $13 billion Soros Fund Management, from which Grove Capital was spun off last month."""
http://www.thetempesttimes.com/trump...t-think-again/