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Bank Of China Provides $450M Loan For 1411 Broadway Office Building In Garment District

1411 Broadway
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This Office property located in NY received a loan of $450,000,000 about 4 years ago.

The property involved in this closed transaction is an office asset located at 1411 Broadway in the Garment District. The property spans a total of 1,088,074 square feet.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $450,000,000
  • Lender: Bank of China
  • Landlord: Ivanhoé Cambridge, Callahan Capital Properties & Swig Company

The key individuals involved in this transaction are Kent Swig, Daniel Fournier, Gao Yingxin, and Nathalie Palladitcheff. Kent Swig, as the representative of the Swig Company, played a significant role in the deal. Daniel Fournier, Gao Yingxin, and Nathalie Palladitcheff were involved in their respective capacities.

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Deals
  • Location
    1411 Broadway, New York, NY 10018, USA1411 Broadway, New York, NY 10018, USA
  • Loan Value
    $450,000,000$450,000,000
  • Asset Type
    OfficeOffice
  • Parties
    1 Lender1 Lender

Bank of China

Bank of China

Lender
Deals15
Volume$ 331.7B

Deal Summary

IMAGE: Kent Swig, Daniel Fournier, Gao Yingxin, Nathalie Palladitcheff DATE: 02/28/2020 ADDRESS: 1411 Broadway MARKET: Garment District ASSET TYPE: Office LENDER: Bank of China ?? LANDLORD: Ivanhoé Cambridge, Callahan Capital Properties & Swig Company LOAN AMOUNT: $450,000,000 SF: 1,088,074

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