Cain And Alchemy-ABR Investment Partners Secure $321 Million Refinance For Manhattan Office Tower

The transaction involves a 30-story, 260,000-square-foot office tower located at 125 West 57th Street in Manhattan’s Billionaires’ Row. The refinancing secured for the property amounts to $321 million, with J.P. Morgan Chase providing senior debt and Hudson Bay Capital supplying mezzanine financing.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $321,000,000
• Lender: J.P. Morgan Chase & Hudson Bay Capital
• Landlord: Cain; Brian Ray - Alchemy-ABR Investment Partners
• Brokers: Adam Schwartz, Aaron Appel, Jonathan Schwartz, Keith Kurland, Dustin Stolly, Sean Reimer & Sean Bastian - Walker & Dunlop
• Asset Address: 125 West 57th Street, Manhattan

The deal was facilitated by Walker & Dunlop, emphasizing the involvement of a skilled brokerage team, ensuring the refinancing process was effectively arranged for the landlords, Cain and Alchemy-ABR Investment Partners.