Business & Tech

Oheka Castle Debt Purchased By Global Investment Firm: Report

A deal on Oheka Castle's debt was closed on at the end of June, according to a report.

HUNTINGTON, NY — An affiliate of Taconic Capital Advisors purchased the debt of Oheka Castle, a longtime Huntington landmark, in a takeover bid at an auction in May and closed on the deal at the end of June, Long Island Business News reported.

Sources told LIBN the debt was purchased at a "significant discount" from the $50 million loan total.

Click here to read the full story on Long Island Business News.

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