FINANCED
Tishman Speyer And Silverstein Properties Refinance Midtown Office Tower For $330M
Tishman, Silverstein land refi on Midtown office tower
Office
960,000 SF
960,000 SF
Financed 302 days ago
Summary
Loan
NEW YORK
Office
960,000 sqft
Tishman Speyer and Silverstein Properties have secured a $330 million refinancing deal for their Midtown office tower located at 11 West 42nd Street in Manhattan. The property, spanning 960,000 square feet, is an office asset near Bryant Park.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $330,000,000
- Address: 11 West 42nd Street
- Market: Manhattan
The main lender for the refinancing deal is Bank of America, while Taconic Capital is providing the mezzanine debt. The brokers involved in the transaction are Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Chris Kramer, Issa Abbassi, and Holden Witkoff from Newmark.
It is important to note that Tishman Speyer and Silverstein Properties have successfully secured the refinancing deal through this transaction.
Players
All
7
Agents
5
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Jordan Roeschlaub, Dustin Stolly, Rob Speyer, Nick Scribani, Larry Silverstein, Chris Kramer, Randall Rothschild, Issa Abbassi & Holden Witkoff
DATE: 07/05/2023
ADDRESS: 11 West 42nd Street
MARKET: Manhattan
ASSET TYPE: Office ~ SF: 960,000
LENDER: Bank of America & Taconic Capital
LANDLORD: Tishman Speyer - Randall Rothschild & Silverstein Properties - Larry Silverstein
BROKERS: Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Chris Kramer, Issa Abbassi & Holden Witkoff - Newmark
LOAN AMOUNT: $330,000,000
LOAN TYPE: Refinance
NOTE: Tishman Speyer and Silverstein Properties have secured a $330 million refinancing deal for their Midtown office tower near Bryant Park. Bank of America is the main lender, while Taconic Capital will provide the mezzanine debt.View on map
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AddressTishman, Silverstein land refi on Midtown office tower
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