JPMorgan Chase Provides $290M Construction Loan For Mixed-Use Property In Times Square

The mixed-use property at 1 Times Square in Times Square has been involved in a recent transaction. Spanning a total of 111,653 square feet, the property boasts a prime location in the bustling market of Times Square. Unfortunately, no additional information is available about the property.

Summary of transaction details

• Property Type: Mixed-Use
• Transaction Amount: $290,000,000
• Address: 1 Times Square
• Market: Times Square
• Loan Type: Construction

Jamestown, the landlord of the property, entered into a loan agreement with JPMorgan Chase for a substantial amount of $290,000,000. The loan, classified as a construction loan, will likely be used to finance development or renovation activities related to the property. Unfortunately, no additional information is available about the individuals involved in the transaction.