Square Mile Provides $430M Loan For Office Property At 7 Hanover Square In Financial District

The recently closed property transaction involves an office asset located at 7 Hanover Square in the Financial District. The property was acquired by a consortium of landlords including The Gural family – GFP Real Estate, Northwind Group and TPG Real Estate Partners. The deal was facilitated by the brokerage firm Cushman & Wakefield, with representatives Adam Spies, Doug Harmon, Adam Doneger, Josh King, and Gideon Gil involved in the transaction. The property holds significant value and potential in the office market.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $430,000,000
• Address: 7 Hanover Square
• Market: Financial District
• Lender: Square Mile
• Landlord: The Gural family – GFP Real Estate, Northwind Group and TPG Real Estate Partners
• Brokers: Cushman & Wakefield – Adam Spies, Doug Harmon, Adam Doneger, Josh King, and Gideon Gil

The successful completion of the deal showcases the expertise of the various individuals and companies involved. Square Mile served as the lender for this significant transaction, providing the necessary funds. The Gural family, GFP Real Estate, Northwind Group, and TPG Real Estate Partners acted as the landlords in this endeavor, displaying their commitment to the growth and development of the Financial District. Cushman & Wakefield played a pivotal role in brokering the deal, with Adam Spies, Doug Harmon, Adam Doneger, Josh King, and Gideon Gil acting as the representatives for the involved parties.