The property asset involved in this transaction is located at 450 West 33rd Street in Hudson Yards, Manhattan. This office asset encompasses a significant square footage of 1,710,000 and is fully leased. The refinance loan for the property was secured at a total amount of $1,250,000,000 with a competitive 6.35% coupon over a five-year term.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,250,000,000
• Asset Square Footage: 1,710,000
• Address: 450 West 33rd Street
• Market: Hudson Yards, Manhattan
• Lender: Citibank, Bank of Montreal, Deutsche Bank, J.P. Morgan Chase, Société Générale
• Landlord: Kevin McCrain - Brookfield Properties
• Loan Type: Refinance
• Net Cash Flow: $105.6 million over the past year
• Anchor Tenants: JPMorgan, Amazon, Interpublic Group

This deal involves several key financial institutions, with Citibank, Bank of Montreal, Deutsche Bank, J.P. Morgan Chase, and Société Générale serving as the lenders for the refinance loan. The landlord, Kevin McCrain, represents Brookfield Properties in this transaction, emphasizing the corporate involvement in the refinancing of this major office tower.