Apple Bank Refinances $60M Loan For 490,000 SF Office In Hudson Square

Jeffrey Gural and Paul Talbot have recently closed a loan transaction in Hudson Square. The property involved is an office space spanning 490,000 square feet, located at 200 Varick St. Apple Bank provided a refinance loan of $60,000,000 with a fixed-rate of 3.50% for a term of 10 years.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $60,000,000
• Address: 200 Varick St.
• Market: Hudson Square
• Lender: Apple Bank
• Landlord: GFP Real Estate
• Landlord's Representative: Paul Talbot - Newmark

Paul Talbot from Newmark represented the landlord, GFP Real Estate, in this loan transaction. The collaboration between Jeffrey Gural and Paul Talbot ensured the successful financing of the office property in Hudson Square.