Genesis LLC Secures $28.5 Million Recapitalization Loan For Office At 136 East 57th Street

The property asset involved in this transaction is an office located at 136 East 57th Street in Manhattan, encompassing a total square footage of 100,000. The loan amount for this recapitalization is $28,500,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $28,500,000
• Loan Type: Recapitalization
• Lender: Genesis LLC
• Key Individuals: Michael Hess, Jake Gerber, Ezra Husney
• Market: Manhattan

The deal includes the involvement of Genesis LLC as the lender, represented by Michael Hess, Jake Gerber, and Ezra Husney, who facilitated the loan transaction concerning the office property located at 136 East 57th Street.