Ares Commercial Real Estate Provides $90M Loan For 817 Broadway Office Building In Greenwich Village

Located in Greenwich Village, the property at 817 Broadway recently underwent a closed transaction. The office space, owned by Taconic Partners, secured a loan of $90,000,000 from Ares Commercial Real Estate. The transaction took place on July 2, 2021, and involved Charles Bendit and Paul Pariser as representatives of the asset.

Summary of transation details

• Property Type: Office
• Transaction Amount: $90,000,000
• Address: 817 Broadway
• Market: Greenwich Village

This transaction showcases the collaboration between Taconic Partners, the property's landlord, and Ares Commercial Real Estate, the lending institution. Charles Bendit and Paul Pariser played integral roles as the representatives in this deal.