Jamie Dimon Of JP Morgan Chase Provides $49 Million Loan To TKF Burnside For Office Acquisition
360 Hamilton Avenue
$49,000,000
$122/SF
Building Size
400,000 SF
Asset Type
Office
Closing
Feb 24, 2026
About this deal
AI
The asset involved in the transaction is an office property located at 360 Hamilton Avenue in White Plains, encompassing a total of 400,000 square feet. The transaction was secured with a loan amount of $49,000,000 for acquisition purposes.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $49,000,000
- Address: 360 Hamilton Avenue
- Market: White Plains
- Lender: Jamie Dimon - JP Morgan Chase
- Landlord: Ric Clark & Dennis Friedrich - TKF Burnside
- Landlord's Representative: Jordan Roeschlaub, Max Ralby, Nick Scribani, Tim Polglase & Jack Fenton - Newmark
The deal was facilitated by several key individuals including Jamie Dimon representing the lender JP Morgan Chase, while Ric Clark and Dennis Friedrich represented the landlord TKF Burnside. The landlord's interests were represented by a team comprised of Jordan Roeschlaub, Max Ralby, Nick Scribani, Tim Polglase, and Jack Fenton from Newmark.
On the Map
$49,000,000
$122/SF
Office
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Players
White Plains Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93