Genesis Provides $28.85 Million Acquisition Loan To CSC Real Estate For Manhattan Office Asset

The property asset involved in this transaction includes two addresses: 75 Maiden Lane and 13 Gold Street, located in the Financial District of Manhattan. This asset, primarily utilized as office space, has potential for residential conversion. It encompasses a total building square footage of 178,319 with a building size factor of 244,335.

Summary of transation details:

• Property Type: Office / Potential Residential Conversion
• Transaction Amount: $28,850,000
• Lender: Genesis
• Landlord: CSC Real Estate
• Brokers: Dylan Kane & Zach Redding - Colliers
• Loan Type: Acquisition

The key individuals involved in this transaction include Dylan Kane and Zach Redding, who represented the brokerage firm Colliers. Their involvement highlights the expertise of the team in facilitating this acquisition deal within a competitive market.