Brookfield And Qatar Investment Authority Secure $1.9B Refinancing At 2 Manhattan West With Wells Fargo
New York
See Similar DealsBrookfield And Qatar Investment Authority Secure $1.9B Refinancing At 2 Manhattan West With Wells Fargo
2 Manhattan W
See Similar DealsSummary
2 Manhattan West is an office asset located in the Hudson Yards market, encompassing 2,000,000 square feet. The property involved in this transaction is associated with a refinancing amounting to $1,900,000,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,900,000,000
- Lender: Wells Fargo
- Landlord: Connor Teskey - Brookfield & Qatar Investment Authority
- Brokers: Jordan Roeschlaub & Nick Scribani - Newmark
- Loan Type: Refinance
The refinancing deal at 2 Manhattan West represents a partnership between Brookfield and Qatar Investment Authority, and it is part of a broader trend as CMBS shows renewed interest in Midtown Manhattan office properties. The deal includes a cash-out of $273,000,000, following a similar near-$2 billion refinancing at 9 West 57th Street.
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