Idan Ofer And Nathan Berman Secure $88 Million Loan For 845 3rd Avenue Acquisition

The property involved in this transaction is an office asset located at 845 3rd Avenue in the Turtle Bay neighborhood of Manhattan, comprising a total area of 365,000 square feet. The acquisition loan for this property is set at $88,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $88,000,000
• Address: 845 3rd Avenue
• Market: Turtle Bay, Manhattan
• Asset Size: 365,000 SF
• Lender: Jacob Weinstein
• Landlord: Idan Ofer & Nathan Berman
• Landlord's Representatives: Jordan Roeschlaub, Christopher Kramer & Holden Witkoff - Newmark
• Loan Type: Acquisition

This transaction features key individuals including Lender Jacob Weinstein, who provided the acquisition loan. The Landlords, Idan Ofer and Nathan Berman, are represented in this deal by brokers Jordan Roeschlaub, Christopher Kramer, and Holden Witkoff from Newmark.