Thorofare Capital Provides $34.5M Construction Loan For Office Building At 132 W. 14th St. In Midtown South

The office property at 132 W. 14th St. in Midtown South has undergone a closed transaction. The property spans 59,278 square feet and is owned by KPG Funds. Thorofare Capital provided a construction loan of $34,500,000 for the project.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $34,500,000
• Address: 132 W. 14th St.
• Market: Midtown South
• Lender: Thorofare Capital
• Landlord: KPG Funds
• Brokers: Aaron Niedermayer, Max Herzog, Jackie Ferrer & Joy Dracos - JLL

The deal was facilitated by Aaron Niedermayer, Max Herzog, Jackie Ferrer, and Joy Dracos from JLL, who represented the parties involved in the transaction.