Marc Holliday Secures $1.65 Billion Refinance Loan For 1 Madison Avenue In Manhattan
New York
See Similar DealsMarc Holliday Secures $1.65 Billion Refinance Loan For 1 Madison Avenue In Manhattan
1 Madison Avenue
See Similar DealsSummary
The asset involved in this transaction is an office property located at 1 Madison Avenue in the Manhattan market, with a total square footage of 1,400,000. The transaction pertains to a refinancing loan amounting to $1,650,000,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,650,000,000
- Lender: Charles Scharf, David Solomon, Jamie Dimon, Brian Moynihan, Christian Sewing & Philippe Brassac
- Landlord: Marc Holliday
- Landlord's Representative: Jordan Roeschlaub, Nick Scribani & Ricky Braha - Newmark
- Loan Type: Refinance
This deal highlights the involvement of prominent financial executives from various institutions as lenders, signaling significant confidence in the property. The landlord, Marc Holliday, is represented by a team from Newmark, emphasizing a collaborative effort in managing this high-value refinancing transaction.
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