FINANCED
Hilson Management Corporation Secures $32.7M Loan For Office Property At 385 Fifth Avenue
385 5th Avenue
Office
Financed 139 days ago
Summary
Loan
NEW YORK
Office
Hilson Management Corporation, represented by Jeremy Schwalbe, has secured a three-year loan extension for its office property located at 385 Fifth Avenue in Midtown South, Manhattan. The loan amounts to $32.7 million and is backed by commercial mortgage-backed securities (CMBS).
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $32,700,000
- Address: 385 Fifth Avenue
- Market: Midtown South, Manhattan
The loan extension was successfully negotiated by Iron Hound Management Company's representatives, Christopher Herron and Kevin Thompson. The deal ensures that Hilson Management Corporation can continue to leverage the value of their office property in Midtown South.
Players
Details
FINANCED
IMAGE: Christopher Herron & Kevin Thompson
DATE: 12/14/2023
ADDRESS: 385 5th Avenue
MARKET: Midtown South, Manhattan
ASSET TYPE: Office
LANDLORD: Jeremy Schwalbe - Hilson Management Corporation
BROKERS: Christopher Herron & Kevin Thompson - Iron Hound Management Company
LOAN AMOUNT: $32,700,000
NOTE: Hilson Management Corporation has successfully secured a three-year loan extension for its office property at 385 Fifth Avenue, valued at $32.7 million in commercial mortgage-backed securities (CMBS).View on map
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Address385 5th Avenue
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