Deutsche Bank, Industrial & Commercial Bank of China, and Natixis Co-Lead a Construction Loan to Extell Development of up To

Deutsche Bank, Industrial & Commercial Bank of China, and Natixis Co-Lead a Construction Loan to Extell Development of up To

New York, September 8, 2016 2/2 Deutsche Bank, Industrial & Commercial Bank of China, and Natixis Co-Lead a Construction Loan to Extell Development of Up to $750 Million for One Manhattan Square, New York City Deutsche Bank, Industrial & Commercial Bank of China and Natixis Real Estate Capital are co-leading the construction loan for the development of a luxury condominium project in Manhattan’s Lower East Side by Gary Barnett’s Extell Development. CIT Bank and China Merchants Bank are also members of the bank group. At completion in 2019, the property will contain 815 residential condominium units with 100,000 sf of amenity space, a 105-space parking garage and 45,000 sf of retail space. The residential condominium units will feature high quality finishes and One Manhattan Square’s distinctive location at 252 South Street will offer residents spectacular views of some of New York’s most well-known icons, including the Manhattan, Brooklyn and Williamsburg Bridges, East and Hudson Rivers, Liberty Island, Midtown, One World Trade Center, the Empire State Building and beyond. The property will offer an extensive amenity base including a basketball court, bowling alley, squash court, golf simulator, bar/lounge, pool room, cigar room, wine room, theater, spa lounge, sauna, lap pool, kid’s pool, dog wash, package/dry clean room, bicycle storage, refrigerated storage, fitness room and outdoor landscaped areas. About Natixis: Natixis is the international corporate, investment, insurance and financial services arm of Groupe BPCE, the 2nd- largest banking group in France with 35 million clients spread over two retail banking networks, Banque Populaire and Caisse d’Epargne. With more than 16,000 employees, Natixis has a number of areas of expertise that are organized into three main business lines: Corporate & Investment Banking, Investment Solutions & Insurance, and Specialized Financial Services. A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE’s banking networks. Listed on the Paris stock exchange, it has a solid financial base with a CET1 capital under Basel 3 (1) of €12.4 billion, a Basel 3 CET1 Ratio (1) of 11.0% and quality long-term ratings (Standard & Poor’s: A / Moody’s: A2 / Fitch Ratings: A). (1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in except for DTAs on tax-loss carryforwards and pro forma of additional phase-in of DTAs following ECB regulation 2016/445. Figures as at June 30, 2016 Natixis Real Estate Capital LLC, a subsidiary of Natixis, is a full-service, direct lender offering a wide range of financial solutions for commercial real estate for its clients throughout the United States. It specializes in CMBS originations and also provides floating-rate structures for opportunistic property acquisition and repositioning situations. It has the ability to underwrite the full capital stack, including first mortgage, mezzanine/b-note, and preferred equity. Press Contact: Mitch Karig, CIB Americas Communications [email protected], +1 212-891-1882 www.natixis.com .

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