Fortress Investment Group Grants $79.6M Refinance Loan For Lower East Side Office Building

The office building located at 141 E. Houston St. in the Lower East Side has recently undergone a refinancing deal. The property, spanning 80,000 square feet, was the subject of the transaction.

Summary of transation details

• Property Type: Office
• Transaction Amount: $79,600,000
• Market: Lower East Side
• Lender: Fortress Investment Group
• Landlord: East End Capital - Jonathon Yormak & David Peretz
• Brokers: Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz & Mo Beler - Walker & Dunlop

The financing was provided by Fortress Investment Group. The landlord of the property, responsible for the refinancing, is East End Capital, represented by Jonathon Yormak & David Peretz. Walker & Dunlop acted as the brokers in the deal, with Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz, and Mo Beler facilitating the transaction.