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Bank Of Montreal Provides $215M Loan For 439K SF Office In Times Square

1450 Broadway
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This Office property located in NY received a loan of $215,000,000 over 2 years ago. The brokers of the deal were Daniel Fromm, Dustin Stolly, and Jordan (Jordy) Roeschlaub

1450 Broadway, located in Times Square, has recently secured a loan transaction. The office building spans across 439,785 square feet, making it a substantial asset in the market. The loan amount for this transaction is $215,000,000.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $215,000,000
  • Address: 1450 Broadway
  • Market: Times Square
  • Asset Type: Office
  • Square Footage: 439,785

Bank of Montreal, represented by Paul Vanderslice, provided the loan for this transaction. The landlord of 1450 Broadway is ZG Capital Partners. Newmark's brokers, Dustin Stolly, Jordan Roeschlaub, and Daniel Fromm, facilitated the deal.

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Deals
  • Location
    1450 Broadway, Manhattan, New York, NY, USA1450 Broadway, Manhattan, New York, NY, USA
  • Loan Value
    $215,000,000$215,000,000
  • Asset Type
    OfficeOffice
  • Parties
    3 Brokers, 1 Agency, 1 Lender3 Brokers, 1 Agency, 1 Lender

Agents

Dustin Stolly

Dustin Stolly

Deals218
Financed$37.6B

Daniel Fromm

Daniel Fromm

Deals60
Financed$4.2B

Jordan (Jordy) Roeschlaub

Jordan (Jordy) Roeschlaub

Deals195
Financed$34.6B

Agency

Newmark

Newmark

Agency
Deals3893
Volume$397.4B

Bank of Montreal (BOM)

Bank of Montreal (BOM)

Lender
Deals22
Volume$ 509.3B

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Deal Summary

LOAN IMAGE: Dustin Stolly, Daniel Fromm, Bobby Zar, Jordan Roeschlaub & James Tamborlane DATE: 08/25/2021 ADDRESS: 1450 Broadway MARKET: Times Square ASSET TYPE: Office ~ SF: 439,785 LENDER: Bank Of Montreal 🇨🇦 - Paul Vanderslice LANDLORD: @ZGCapitalPartners BROKERS: Dustin Stolly, Jordan Roeschlaub & Daniel Fromm (@Ddwb) @Newmark LOAN AMOUNT: $215,000,000

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1450 Broadway

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