Morgan Stanley Provides $43.5M Loan For SoHo Commercial Loft At 5 Crosby Street

Located at 5 Crosby Street in SoHo, this commercial loft spans an impressive 67,032 square feet. The property was recently involved in a closed transaction, with the loan details as follows:

Summary of transaction details

• Property Type: Commercial Loft
• Transaction Amount: $43,500,000
• Address: 5 Crosby Street, SoHo
• Market: SoHo

The loan for this transaction was provided by Morgan Stanley. The loan terms were established as permanent, CMBS. Representing the parties involved were Adam Hakim and James Murad from Meridian Capital Group, acting as brokers, and David Kronman from Cape Advisors, serving as the property manager. No further information regarding the deal's key individuals and companies is available at this time.