JPMorgan Chase & Co And Citibank Provide $1.2 Billion Refinance Loan For 375 Park Avenue

The property involved in this transaction is an office asset located at 375 Park Avenue in Manhattan. The total square footage of the property is 849,014 square feet, and the transaction includes a refinance loan amount of $1,200,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,200,000,000
• Address: 375 Park Avenue
• Market: Manhattan
• Lender: JPMorgan Chase & Co & Citibank
• Landlord: Michael Fuchs & Aby Rosen - RFR Holding
• Brokers: Grant Frankel, Rob Turner, Ethan Pond & Drew Ahlers - Eastdil Secured
• Loan Type: Refinance

This transaction features key individuals including Michael Fuchs and Aby Rosen, who serve as the landlords under RFR Holding. The lenders for the loan are JPMorgan Chase & Co and Citibank, while the brokerage firm handling the transaction consists of Grant Frankel, Rob Turner, Ethan Pond, and Drew Ahlers from Eastdil Secured.