Rockefeller Group Secures $202.5M Loan From Sumitomo Mitsui Trust Bank
FINANCED
$202,500,000
New York
See Similar Deals226,350 SF
Financed 10/03/2018
FINANCED
Rockefeller Group Secures $202.5M Loan From Sumitomo Mitsui Trust Bank
30 E 29th St, New York, NY 10016, USA
See Similar Deals226,350 SF
Financed 10/03/2018
Summary
NEW YORK
Price Per Square Foot:$894
Total Square Footage:226,350 SF
Transaction Type:Loan
The property involved in this transaction is a new development condominium located at 30-36 E. 29th St in the NoMad neighborhood of New York. The transaction took place on 10/03/2018.
Summary of transaction details
- Property Type: New Dev Condo
- Transaction Amount: $202.5M
- Lender: Sumitomo Mitsui Trust Bank
- Landlord: The Rockefeller Group
The loan amount for this transaction was $202.5M and Sumitomo Mitsui Trust Bank served as the lender. The Rockefeller Group acted as the landlord in this deal. The Chairman of Sumitomo Mitsui, Hitoshi Tsunekage, and the CEO of Rockefeller, Daniel Moore, were present during the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$202,500,000.00
Monthly NOI$1,350,000.00
Monthly Debt Service$1,279,937.75
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions