PCCP Provides $150M Refinance Loan For 80 Broad Street Office In FiDi

Located in the Financial District (FiDi) of New York City, the property at 80 Broad Street recently underwent a loan transaction. The asset involved in the deal is an office space spanning approximately 423,777 square feet. The loan, which took place on November 16, 2021, was a refinancing arrangement.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $150,000,000
• Address: 80 Broad Street
• Market: FiDi
• Lender: PCCP - Brian Haber
• Landlord: Broad Street Development - David Israni & Invesco Real Estate
• Brokers: Rob Turner, Grant Frankel & Ethan Pond - Eastdil Secured

The loan transaction at 80 Broad Street was facilitated by Brian Haber of PCCP as the lender. Broad Street Development, represented by David Israni and Invesco Real Estate, served as the landlord. The brokers involved in the deal were Rob Turner, Grant Frankel, and Ethan Pond from Eastdil Secured. The loan amount for this refinancing arrangement was $150,000,000.