The senior $782 million portion was securitized via a $2.6 billion pooled offering (Merrill Lynch Floating Trust, 2006-1). The $160 million of senior mezzanine debt was placed with Five Mile Capital, Hypo Real Estate, Fortress Investment and iStar Financial. The $65 million junior mezzanine piece was placed with Guggenheim Structured Real Estate. The debt package was scheduled to mature four months ago, including extension options. NRDC negotiated an extension until June, but paid off the outstanding debt on Jan. 11.