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Oxford Properties Group Secures $110M Mortgage For Retail Spaces At 252 East 57th Street

252 East 57th Street
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This Retail property located in NY received a loan of $110,000,000 almost 6 years ago.

Oxford Properties Group has purchased the leasehold interests in a retail property located at 252 East 57th Street in Manhattan, New York City. The transaction was closed with a mortgage loan of $110 million.

Summary of transaction details:

  • Property Type: Retail Spaces
  • Transaction Amount: $110,000,000
  • Address: 252 East 57th Street, New York City
  • Market: Manhattan

The landlord, Oxford Properties Group, represented by Blake Hutcheson, successfully secured the mortgage loan from Deutsche Bank, represented by Christian Sewing. This transaction represents a significant investment in the retail real estate market in Manhattan.

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Deals
  • Location
    252 E 57th St, New York, NY 10022, USA252 E 57th St, New York, NY 10022, USA
  • Loan Value
    $110,000,000$110,000,000
  • Asset Type
    RetailRetail
  • Parties
    1 Lender1 Lender

Deutsche Bank

Deutsche Bank

Lender
Deals117
Volume$ 2.7T

Deal Summary

IMAGE: Christian Sewing and Blake Hutcheson DATE: 04/23/2018 FINANCE: Mortgage ADDRESS: 252 East 57th Street @252E57 CITY: NewYorkCity MARKET: Manhattan ASSET TYPE: Retail Spaces PRICE: $110,000,000 LANDLORD: Oxford Properties Group – Blake Hutcheson LENDER: @DeutscheBank – Christian Sewing NOTES: Oxford Properties Group closed on a $110 million mortgage to buy the leasehold interests in retail […]

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