Meridian Capital Group Assists With $50.95M Loan Modification For 1133 Broadway Office/Retail

The property involved in this transaction is an office/retail asset located at 1133 Broadway in New York. It spans across 175,000 square feet and consists of 247 units. The landlord of the property is Kew Management Corp.

Summary of transaction details

• Property Type: Office/Retail
• Transaction Amount: $50,950,000
• Loan Type: Modification
• Loan Terms: 5 Years | 2 Years I/O | 5.50% | Step-down PPP

Asher Haft, Allan Lieberman, and Jacob Kaufman from the Meridian Capital Group represented the brokers in this deal.

There is no additional information available regarding this transaction.