Brookfield Properties Secures $800M Refinance Loan From Citigroup, J.P. Morgan, Bank Of Nova Scotia, Wells Fargo For 225 Liberty Street

225 Liberty Street is an office asset located in Manhattan. The property was refinanced with a loan amount of $800,000,000, structured as a five-year, interest-only CMBS loan.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $800,000,000
• Lender: Citigroup, J.P. Morgan Chase, Bank of Nova Scotia, Wells Fargo
• Landlord: Brian Kingston - Brookfield Properties
• Previous Debt: $900,000,000
• Loan Type: Refinance

The refinancing of 225 Liberty Street was co-originated by Citigroup, J.P. Morgan, Bank of Nova Scotia, and Wells Fargo, representing a significant financial restructuring for the landlord, Brian Kingston, associated with Brookfield Properties.