New York Life Provides $175 Million Refinance Loan To Paramount Group For 900 3rd Avenue

The asset involved in this transaction is an office space located at 900 3rd Avenue, situated in the Manhattan market. The property encompasses a total area of 591,970 square feet and has a refinance loan amount of $175,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $175,000,000
• Lender: New York Life
• Landlord: Paramount Group

Key individuals involved in this deal include brokers Grant Frankel, Rob Turner, Ethan Pond, and Drew Ahlers, representing Eastdil Secured in this transaction.