The asset involved in this transaction is an office property located at 11 Madison Avenue in the Flatiron District, comprising 2,300,000 square feet. The transaction entails a refinance loan amounting to $1,400,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,400,000,000
• Address: 11 Madison Avenue
• Market: Flatiron District
• Lender: Charles Scharf - Wells Fargo, Jamie Dimon - J.P. Morgan Chase, Brian Moynihan - Bank of America, David Solomon - Goldman Sachs, Christian Sewing - Deutsche Bank, Darryl White - Bank of Montreal
• Landlord: Marc Holliday & Harrison Sitomer - SL Green, Jacques Chappuis - PGIM Real Estate
• Landlord's Representatives: Jordan Roeschlaub, Nick Scribani, John Caraviello - Newmark; Thomas Traynor, Tom Rugg & Henry Fenmore - CBRE

This refinancing deal involves significant players in the financial sector, indicating a collective decision by major lenders. The involvement of multiple financial institutions such as Wells Fargo, J.P. Morgan Chase, and others denotes a collaborative effort in financing this asset. Additionally, the landlord representation by firms Newmark and CBRE showcases the competitive advantage and expertise in managing this substantial asset.