facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Office

/

Loan

/

28 Liberty Street

J.P. Morgan Chase Deutsche Bank And Goldman Sachs Provide $900 Million Loan For 28 Liberty Street
FINANCEDOffice

J.P. Morgan Chase Deutsche Bank And Goldman Sachs Provide $900 Million Loan For 28 Liberty Street

28 Liberty Street

$900,000,000

$424/SF

Building Size

2,120,000 SF

Asset Type

Office

Closing

Oct 23, 2025

AI

The asset involved in this transaction is an office property located at 28 Liberty Street in Lower Manhattan, encompassing a total square footage of 2,120,000. The loan amount secured for this property is $900,000,000. This financing is structured as three-year, fixed-rate financing replacing an earlier loan obtained in 2019.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $900,000,000
  • Address: 28 Liberty Street
  • Market: Lower Manhattan
  • Lender: J.P. Morgan Chase, Deutsche Bank & Goldman Sachs
  • Landlord: Chen Qiyu & Xu Xiaoliang - Fosun International

The loan is being provided to Fosun International, who are the landlords of the office tower. The lenders involved in this transaction include prominent financial institutions such as J.P. Morgan Chase, Deutsche Bank, and Goldman Sachs, collectively facilitating this significant financing deal.

Players

Goldman Sachs
Goldman SachsLender

New York Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.02%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93