Paramount Group Secures $860M Loan For Midtown Office Building At 1301 Avenue Of The Americas

1301 Avenue of the Americas, New York, NY 10019

$860,000,000

$580/SF

Building Size

1,482,208 SF

Asset Type

Office

Closing

Jul 29, 2020

AI

The property involved in the transaction is an office located at 1301 Avenue of the Americas in Midtown. The transaction took place on 07/29/2021.

Summary of transaction details:

Property Type: Office
Transaction Amount: $860,000,000
Lender: Morgan Stanley & Wells Fargo
Landlord: Paramount Group - Albert Behler & David Zobel
Brokers: Grant Frankel, Gary Phillips, Ethan Pond, Tanner McNeill

The lenders involved in the deal are Morgan Stanley and Wells Fargo. The landlord of the property is Paramount Group, represented by Albert Behler and David Zobel. The brokers who facilitated the transaction are Grant Frankel, Gary Phillips, Ethan Pond, and Tanner McNeill.

Players