Nordic Trustee & Agency AB Provides $100M Loan For Multifamily Property At 417 Park Avenue In Midtown East

This multifamily property located at 417 Park Avenue in Midtown East has been involved in a recent loan transaction. The loan was provided by Nordic Trustee & Agency AB for a total amount of $100,000,000. The property spans across 89,651 square feet. The loan was secured by the landlords, @KlovernAB and @GDSNY.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $100,000,000
• Address: 417 Park Avenue
• Market: Midtown East
• Loan Provider: Nordic Trustee & Agency AB
• Landlords: @KlovernAB and @GDSNY
• Square Footage: 89,651 SF

Alan Rudikoff, Michael Kirchmann, and Rutger Arnhult are the key individuals involved in the deal as mentioned in the provided image. They represent the lenders and landlords in the transaction. It is worth noting that the property has the potential for an office development, with a maximum allowable square footage of 218,125 BSF as of right.