Marc Holliday Secures $1.65 Billion Refinance Loan For 1 Madison Avenue In Manhattan

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.