Daishin Securities Refinances Office Building At 400 Madison Avenue In Midtown Manhattan With $50M Loan From Daishin F & I Co., Ltd | 400 Madison Avenue | Office | Loan

Summary

Loan

NEW YORK

Office

146,191 sqft

The office building at 400 Madison Avenue in Midtown East, Manhattan has secured a $50 million refinancing loan. The property spans across 146,191 square feet and is owned by Myoung Kuk Kim, represented by Daishin Securities. The loan was obtained from Daishin F & I Co., Ltd, a corporate affiliate of Daishin Securities.

Summary of transaction details:

Property Type: Office
Transaction Amount: $50,000,000
Address: 400 Madison Avenue
Market: Midtown East, Manhattan
Landlord: Myoung Kuk Kim - Daishin Securities

Daishin Securities, represented by DS40Owner LLC, secured the refinancing loan from its affiliate, Daishin F & I Co., Ltd. The transaction is aimed at supporting the ongoing operations and future development of the office building at 400 Madison Avenue.

Details

Deal Summary

FINANCED

IMAGE: Myoung Kuk Kim DATE: 11/02/2023 ADDRESS: 400 Madison Avenue MARKET: Midtown East, Manhattan ASSET TYPE: Office ~ SF: 146,191 LANDLORD: Myoung Kuk Kim - Daishin Securities LOAN AMOUNT: $50,000,000 LOAN TYPE: Refinance NOTE: Daishin Securities, represented by DS40Owner LLC, secured a $50 million refinancing loan from its corporate affiliate, Daishin F & I Co., Ltd, for the office building at 400 Madison Avenue in Midtown East, Manhattan.

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Address400 Madison Avenue

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