Deutsche Bank Provides $42M Loan For Office Building At 420 Fifth Ave | 39 West 38th Street, 144 West 37th Street & 40 West 38th Street | Dime Community Bank | Office | Loan

Summary

Loan

NEW YORK

Office

71,119 sqft

Deutsche Bank has provided a loan of $42,000,000 for an office property located at 420 Fifth Ave. The landlord of the property is Witkoff Co. The transaction took place on June 13, 2019. The loan was secured by Deutsche Bank and will contribute to the financing of the property.

Summary of transaction details

Property Type: Office
Transaction Amount: $42,000,000
Address: 420 Fifth Ave

The deal involved several key individuals and companies. The brokers from JLL NY Capital Markets who represented the transaction are Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Jackson Sastri, and Michael Ianno. They worked on behalf of the buyer, seller, landlord, or tenant to facilitate the deal. The transaction demonstrates the significant involvement of these individuals in the commercial real estate market.

Players

All
1

Lenders
1

Dime Community Bank

Details

Deal Summary

FINANCED

IMAGE: Jonathan Schwartz, Aaron Appel, Steven Witkoff, Keith Kurland, Adam Schwartz DATE: 06/13/2019 ADDRESS: 420 Fifth Ave ASSET TYPE: Office LENDER: Deutsche Bank LANDLORD: @WitkoffCo BROKERS: @jll_ny_capitalmarkets Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Jackson Sastri & Michael Ianno LOAN AMOUNT: $42,000,000

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Address39 West 38th Street, 144 West 37th Street & 40 West 38th Street

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