FINANCED
Cadence Property Group's Howard Glatzer Secures $41.5M Construction Loan For Development Site On West 52nd Street, New York
360 West 52nd Street
Development Site
Financed 275 days ago
Summary
Loan
NEW YORK
Development Site
A construction loan has been secured for a development site located at 360 West 52nd Street in New York. The loan amount is $41,500,000, and it is financed by Benefit Street Partners.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $41,500,000
- Address: 360 West 52nd Street
- Market: New York
The development site's landlord is Howard Glatzer from Cadence Property Group. The brokers involved in the deal are Evan Pariser and Aaron Niedermayer from JLL. They played a key role in facilitating the loan transaction between Benefit Street Partners and the property's owner.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Aaron Niedermayer, Evan Pariser & Howard Glatzer
DATE: 08/01/2023
ADDRESS: 360 West 52nd Street
MARKET: New York
ASSET TYPE: Development Site
LENDER: Benefit Street Partners
LANDLORD: Cadence Property Group - Howard Glatzer
BROKERS: Evan Pariser & Aaron Niedermayer - JLL (@JLL)
LOAN AMOUNT: $41,500,000
LOAN TYPE: ConstructionView on map
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Address360 West 52nd Street
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