Brookfield And Qatar Investment Authority Secure $1.9B Refinancing At 2 Manhattan West With Wells Fargo

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.