facebook
Traded Co logo
Submit a Deal

Deutsche Bank Provides $42M Loan For Office Building At 420 Fifth Ave

39 West 38th Street, 144 West 37th Street & 40 West 38th Street
PointingArrow
Share

This Office property located in NY received a loan of $37,500,000 over 2 years ago.

Deutsche Bank has provided a loan of $42,000,000 for an office property located at 420 Fifth Ave. The landlord of the property is Witkoff Co. The transaction took place on June 13, 2019. The loan was secured by Deutsche Bank and will contribute to the financing of the property.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $42,000,000
  • Address: 420 Fifth Ave

The deal involved several key individuals and companies. The brokers from JLL NY Capital Markets who represented the transaction are Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Jackson Sastri, and Michael Ianno. They worked on behalf of the buyer, seller, landlord, or tenant to facilitate the deal. The transaction demonstrates the significant involvement of these individuals in the commercial real estate market.

View Related

Deals
  • Location
    39 West 38th Street, Manhattan, New York, NY, USA39 West 38th Street, Manhattan, New York, NY, USA
  • Loan Value
    $37,500,000$37,500,000
  • Asset Type
    OfficeOffice
  • Parties
    1 Lender1 Lender

Dime Community Bank

Dime Community Bank

Lender
Deals29
Volume$ 10.5B

Deal Summary

LOAN IMAGE: Jonathan Schwartz, Aaron Appel, Steven Witkoff, Keith Kurland, Adam Schwartz DATE: 06/13/2019 ADDRESS: 420 Fifth Ave ASSET TYPE: Office LENDER: Deutsche Bank LANDLORD: @WitkoffCo BROKERS: @jll_ny_capitalmarkets Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Jackson Sastri & Michael Ianno LOAN AMOUNT: $42,000,000

Comparables


We could not find what you were looking for, try a different filter
  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits