Wells Fargo, Goldman Sachs, Morgan Stanley & Deutsche Bank Provide $1.37B Refinance Loan In Hudson Yards
10 Hudson Yards
$1,400,000,000
$777/SF
Building Size
1,800,000 SF
Asset Type
Office
Closing
Jun 4, 2026
AI
The property asset involved in this transaction is located at 10 Hudson Yards in the Hudson Yards market of Manhattan. It is classified as an office asset with a total square footage of 1,818,128. The transaction pertains to a refinance loan, with a total amount of $1,370,000,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: 1,370,000,000
- Loan Type: Refinance
- Lender: Wells Fargo, Goldman Sachs, Morgan Stanley & Deutsche Bank
- Landlord: Related Companies, Oxford Properties Group, PIMCO Prime, JPMAM & Ohio STRS
- Brokers: Christopher Peck, Steven Binswanger, Aaron Niedermayer, Kellogg Gaines, Drew Isaacson, Christopher Pratt, Jennifer Zelko & Geoff Goldstein - JLL
- Date: 6/5/2026
This transaction involved a group of key individuals representing the brokerage for the deal, including Christopher Peck, Steven Binswanger, Aaron Niedermayer, Kellogg Gaines, Drew Isaacson, Christopher Pratt, Jennifer Zelko, and Geoff Goldstein, all affiliated with JLL. The landlords involved in the transaction are Related Companies, Oxford Properties Group, PIMCO Prime, JPMAM, and Ohio STRS.
Players
New York Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.01%
Cash-on-Cash
-0.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93