Wells Fargo & Citibank Provide $240M Loan For Flatiron District Office Building Acquisition

Located in the Flatiron District, the office property at 79 Fifth Avenue has been involved in a recent closed transaction. Spanning an impressive 272,566 square feet, this office space offers ample room for businesses to thrive.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $240,000,000
• Address: 79 Fifth Avenue
• Market: Flatiron District
• Lender: Citibank, Wells Fargo, and JPMorgan Chase
• Landlord: Albert Kalimian

The lending institutions involved in the deal include Citibank, Wells Fargo, and JPMorgan Chase. Albert Kalimian, the landlord, played a crucial role in this transaction. These key individuals and companies worked together to facilitate the closed transaction at 79 Fifth Avenue.