Michaels, Campbell and Wilson of Carlton arrange $630 million recap.

According to Carlton Advisory Services' chairman Howard Michaels, $630 million equity and debt recapitalization has been completed for the retail condominium at 666 Fifth Ave. Carlton arranged a total of $630 million consisting of: * $325 million in senior mortgage financing; * $135 million senior mezzanine financing; and * $170 million in equity. The deal was closed on behalf of The Carlyle Group, Crown Acquisitions, and Kushner Companies. Michaels was assisted in completing this transaction by Michael Campbell, partner, and Damien Wilson, senior associate, of Carlton. Carlton was founded in 1991 and has consummated $40 billion in transactions since 1998.