Wells Fargo Provides $185M Loan For Office Building At 437 Madison Avenue In Midtown

437 Madison Avenue, New York, NY 10022

$185,000,000

$4,822/SF

Building Size

38,360 SF

Asset Type

Office

Closing

Jun 17, 2020

AI

An office property located at 437 Madison Avenue in Midtown recently closed in a transaction. The property, owned by Jonathan Kaufman Iger of Sage Realty, was involved in a loan deal with Wells Fargo. The loan amount for the transaction was $185,000,000. The property is situated in a prime location in Midtown, making it an attractive asset in the market.

Summary of transaction details

Property Type: Office
Transaction Amount: $185,000,000
Address: 437 Madison Avenue
Market: Midtown

Grant Frankel, Gary Phillips, and Ethan Pond of astdilSecured served as the brokers in this deal. They played a crucial role in facilitating the loan transaction between Jonathan Kaufman Iger and Wells Fargo. Their expertise and negotiation skills were instrumental in bringing the deal to fruition.

Players