Hilson Management Refinances Three Midtown Manhattan Office Buildings For $83.5M With Beach Point Capital
New York
See Similar DealsHilson Management Refinances Three Midtown Manhattan Office Buildings For $83.5M With Beach Point Capital
5 West 37th Street, 185 Madison Avenue & 349 353 Lexington Avenue
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The asset involved in this transaction consists of three office buildings located at 5 West 37th Street, 185 Madison Avenue, and 349 Lexington Avenue, situated in the Manhattan market. The total square footage of these properties is 233,667. Hilson Management, the landlord, has refinanced these properties for a total loan amount of $83,500,000, a decrease from the previous loan of $99,800,000 held by Rialto Capital.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $83,500,000
- Lender: Carl Goldsmith & Scott Klein - Beach Point Capital Management
- Landlord: Hilson Management
- Loan Type: Refinance
In this transaction, Carl Goldsmith and Scott Klein represent Beach Point Capital Management as the lender, facilitating the refinancing of the properties previously financed by Rialto Capital. The transaction occurred on December 24, 2025.
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