Emerald Creek Capital Provides $43M Loan For Office Property In Gramercy - 44-48 Union Square

44-48 Union Square

Office

70,201 SF

Financed 1 year ago

Summary

Loan

NEW YORK

Office

70,201 sqft

Located at 44-48 Union Square in the Gramercy market, this office property spans a total of 70,201 square feet. The transaction, completed on 06/02/2021, involved a loan amount of $43,000,000. Mark Bahiri & Mark Penna shared an image of the property on Instagram.

Summary of transaction details:

Property Type: Office
Transaction Amount: $43,000,000
Address: 44-48 Union Square
Market: Gramercy
Square Footage: 70,201

The lender in this transaction was Emerald Creek Capital, while the landlord was Reading International.

Players

All
1

Lenders
1

Emerald Creek Capital

Details

Deal Summary

FINANCED

IMAGE: Mark Bahiri & Mark Penna DATE: 06/02/2021 ADDRESS: 44-48 Union Square MARKET: Gramercy ASSET TYPE: Office ~ SF: 70,201 LENDER: Emerald Creek Capital LANDLORD: Reading International LOAN AMOUNT: $43,000,000

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Address44-48 Union Square

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