facebook
Traded Co logo
Submit
Daily limit: 0/10

Winston Fisher Of Fisher Brothers And Stephen Schwarzman Of Blackstone Secure $850M Loan In Manhattan

Property Image
FINANCED
$850,000,000

New York

See Similar Deals
Office
Financed 05/27/2025
the dealplayerscompscontact
Property Image
FINANCED

Winston Fisher Of Fisher Brothers And Stephen Schwarzman Of Blackstone Secure $850M Loan In Manhattan

1345 6th Avenue

See Similar Deals
Office
Financed 05/27/2025
Contact now

Summary

NEW YORK
Asset Type:Office
Transaction Type:Loan

1345 6th Avenue is an office asset located in the Manhattan market. The property recently secured a new loan amount of $850,000,000 with terms featuring a 20-year duration. This loan replaces an older 20-year loan amid tighter office lending conditions.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $850,000,000
  • Lender: Morgan Stanley, Citigroup & JPMorgan Chase
  • Landlord: Winston Fisher - Fisher Brothers; Stephen A. Schwarzman - Blackstone
  • Loan Terms: 20-year loan

The transaction was facilitated by Winston Fisher of Fisher Brothers and Stephen A. Schwarzman of Blackstone, who are the landlords for the property. They secured a new mortgage with a two-year term and three one-year extension options.

Players

LENDER

Citibank
LENDER


18 deals$1.6B volume
LANDLORD

Details

FINANCED
IMAGE: Winston Fisher, Stephen A. Schwarzman DATE: 05/27/2025 ADDRESS: 1345 6th Avenue MARKET: Manhattan ASSET TYPE: Office LENDER: Morgan Stanley (@Morgan.Stanley), Citigroup & JPMorgan Chase (@JPMorgan) LANDLORD: Winston Fisher - Fisher Brothers (@FisherBrothers); Stephen A. Schwarzman - Blackstone (@Blackstone) LOAN AMOUNT: $850,000,000 LOAN TERMS: 20-year loan NOTE: Fisher Brothers and Blackstone secured a new $850M mortgage for 1345 Sixth Ave. with a two-year term and three one-year extension options, replacing a 20-year loan amid tighter office lending conditions.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$850,000,000.00

Monthly NOI$5,666,666.67
Monthly Debt Service$5,372,578.20
Change in Cash Flow$0.00
Refinance Proceeds$0.00