Fortress Provides $137M Refinance Loan For Office Building In Murray Hill

The property in question is an office space located at 300 East 42nd Street in Murray Hill. It spans across an area of 237,470 square feet.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $137,000,000
• Date: 12/10/2021
• Lender: Fortress
• Landlords: Meadow - Jeffrey Kaplan, Tim Yantz & Mark Mechanic and SomersetPartners - Keith Rubenstein
• Brokers: Adam Doneger, Gideon Gil & Lauren Kaufman - Cushman & Wakefield
• Loan Type: Refinance

The lenders involved in the deal were Fortress. The landlords for the property were Meadow represented by Jeffrey Kaplan, Tim Yantz & Mark Mechanic, and SomersetPartners represented by Keith Rubenstein. The brokers who facilitated the deal were Adam Doneger, Gideon Gil, and Lauren Kaufman from Cushman & Wakefield.