Ladder Capital Provides $268,005,000 Bridge Loan For 575 Fifth Avenue Office In Manhattan

575 Fifth Avenue is a Class A office and retail property located in the Manhattan market. The property is involved in a closed transaction characterized by a bridge loan transaction with an amount of $268,005,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $268,005,000
• Lender: Ladder Capital
• Loan Originators: Adam Siper & Justin Desiderio
• Landlord's Representative: Grant Frankel, Rob Turner & Drew Ahlers - Eastdil Secured
• Loan Type: Bridge

Adam Siper and Justin Desiderio were instrumental in leading the transaction on behalf of Ladder Capital, while Grant Frankel, Rob Turner, and Drew Ahlers represented the landlord through Eastdil Secured, facilitating the deal effectively.