An office asset located at 104 West 40th Street in the Garment District of Manhattan, comprising 173,108 square feet, was the subject of a refinancing transaction. The property is held by Ben-Josef Group Holdings, which recently secured a loan amounting to $72,000,000 from Bank of America, equivalent to the original loan amount obtained from Wells Fargo.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $72,000,000
• Asset Address: 104 West 40th Street
• Market: Garment District, Manhattan
• Lender: Brian Moynihan - Bank of America
• Landlord: Ronen Ben-Josef - Ben-Josef Group Holdings
• Loan Type: Refinance

The refinancing of this office asset involved key individuals, including Brian Moynihan representing Bank of America as the lender and Ronen Ben-Josef, who represents the Ben-Josef Group Holdings as the landlord in this transaction.