Canadian Imperial Bank Provides $38.2M Loan For Tribeca Office Condo

Richard A.C. Coles and Gary M. Tischler of Vanbarton Group have closed a loan transaction on an office condo located at 85 West Broadway in Tribeca. The property, spanning 56,347 square feet, consists of 2 units. The loan amount for this transaction was $38,239,594. The lender for this deal was Canadian Imperial Bank.

Summary of transaction details:

• Property Type: Office Condo
• Transaction Amount: $38,239,594
• Address: 85 West Broadway
• Market: Tribeca
• Square Footage: 56,347
• Units: 2

The deal was facilitated through the representation of Richard A.C. Coles and Gary M. Tischler from Vanbarton Group. They acted as landlords in this transaction.