G4 Capital Partners Secures $32.2M Acquisition Loan For West Village Office

The newly constructed office building at 74 8th Avenue, located in Manhattan's West Village, was involved in a loan transaction. The loan amount secured for this asset was $32,200,000. The lender for this acquisition loan was Drake Ayres from Sabal Investment Holdings. The landlord of the property is Jason Behfarin, representing G4 Capital Partners.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $32,200,000
• Address: 74 8th Avenue
• Market: West Village, Manhattan
• Asset Type: Office
• Square Footage: 34,364 SF
• Lender: Drake Ayres - Sabal Investment Holdings
• Landlord: Jason Behfarin - G4 Capital Partners

G4 Capital Partners, operating as 76 8th Ave LLC, successfully secured the $32.2 million acquisition loan from Sabal Investment Holdings for the above-mentioned office building. This transaction highlights the collaboration between the lender, Drake Ayres, and the landlord, Jason Behfarin, in facilitating the financial aspects of the property acquisition.