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

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.