Global Holdings Secures $190 Million Refinance Loan From JP Morgan BayernLB Sumitomo Mitsui Trust Bank For Anagram Columbus Circle
1 West 60th Street
$190,000,000
$542/SF
Building Size
350,000 SF
Asset Type
MultiFamily
Closing
Oct 30, 2025
AI
The property involved in this transaction is a multifamily asset located at Anagram Columbus Circle, situated at 1 West 60th Street in the Central Park South (West) market. It encompasses a building size of 159,466 square feet and comprises a total of 123 residential units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $190,000,000
- Loan Type: Refinance
- Lender: JP Morgan, BayernLB & Sumitomo Mitsui Trust Bank
- Landlord: Global Holdings
- Brokers: Christopher Peck, Peter Rotchford, Rob Hinckley, Nicco Lupo & Christopher Pratt - JLL
This transaction highlights the key involvement of various professionals in the brokerage team, comprising Christopher Peck, Peter Rotchford, Rob Hinckley, Nicco Lupo, and Christopher Pratt, representing the deal for JLL, the agency engaged in facilitating this multifamily refinancing process.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.08%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93