King Street Capital Management And Blue Owl Capital Inc. Provide $510M Refinance Loan For Savanna's 5 Bryant Park

The asset involved in this transaction is an office property located at 5 Bryant Park in Manhattan, encompassing a total square footage of 683,000. The loan amount tied to this property is $510,000,000, with the transaction characterized as a refinance.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $510,000,000
• Loan Type: Refinance
• Lender: King Street Capital Management & Blue Owl Capital Inc.
• Landlord: Savanna
• Brokers: Rob Turner, Grant Frankel, Ethan Pond & Drew Ahlers - Eastdil Secured

Key individuals involved in this transaction include lenders from King Street Capital Management and Blue Owl Capital Inc., along with the landlord Savanna. The brokerage services were provided by Rob Turner, Grant Frankel, Ethan Pond, and Drew Ahlers from Eastdil Secured, who facilitated the transaction as representatives in the refinance deal.