facebook
Traded Co logo
Submit a Deal
315 Hudson St
FINANCED

PGIM Lends $200M For 315 Hudson St Office Refinancing In New York

315 Hudson St

Office
clock iconFinanced 237 days ago
the dealplayerscompscontact
share iconContact now

Summary

Loan
NEW YORK
Office

The property at 315 Hudson Street, New York, NY, 10013 is a 10-story, 484,000-square-foot office building located in the Hudson Square area. Recently refinanced by Jack Resnick and Sons, the property will soon be home to Google. The refinancing deal involved a $200 million loan provided by PGIM Real Estate Finance, which includes a new $65 million mortgage. The loan will be used to refinance the existing debt on the building and fund an ongoing renovation project that is expected to be completed this year. Some of the renovations include a refurbished lobby, a new green roof, and upgraded retail storefronts.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $200,000,000.00
  • Market: New York
  • Borrower's Rep: Scott Singer(Avison Young)
  • Lender: PGIM

Tom Goodsite, the managing director at PGIM, played a key role in leading the transaction on behalf of the lender. Scott Singer, president of the Singer & Bassuk Organization, acted as the broker for Resnick in the refinancing deal. The involvement of these individuals highlights the strategic importance of their roles in facilitating the financing and renovation of the Hudson Square office building.

Players

  • All

    3

  • Agents

    1

  • Agencies

    1

  • Lenders

    1

Scott Singer's profile picture
Scott Singer
Avison Young-image
Principal, Co-Lead of Tri-State Debt & Equity Finance

Details

Deal Summary
minus icon
FINANCED
IMAGE: 05/30/2019 ADDRESS: 315 Hudson St, New York, NY, 10013 MARKET: New York ASSET TYPE: Office BORROWER'S REP: Scott Singer(Avison Young) LENDER: PGIM LOAN AMOUNT: $200,000,000.00.00

View on map

Loading...

Address315 Hudson St

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want