Acram Group And Bulldog Real Estate Partners Secure $42.2M Loan For Office In Greenwich Village

An acquisition loan was secured for a 70,642-sf office building located at 88 University Place in Greenwich Village, Manhattan. The loan amount was $42,200,000, facilitated by BridgeInvest, a lending company.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $42,200,000
• Address: 88 University Place
• Market: Greenwich Village, Manhattan
• Lender: Alex Horn - BridgeInvest
• Landlord: Matthew Cassin - Acram Group & Bulldog Real Estate Partners
• Asset Size: 70,642 SF
• Loan Type: Acquisition

The deal was executed by Acram Group and Bulldog Real Estate Partners, operating through 88u Owner LLC, highlighting the collaboration between these entities in acquiring this office property.