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JPMorgan Chase Provides $80M Refinance Loan For Midtown East Hotel & Retail Property

35 East 50th Street, 455 & 457 Madison Avenue
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This Hotel property located in NY received a loan of $80,000,000 almost 2 years ago.

The property involved in the transaction is a Hotel & Retail asset located at 35 East 50th Street, 455 & 457 Madison Avenue in Midtown East. The total square footage of the property is 866,090. The transaction date is 06/17/2022. The property is owned by the Archdiocese of New York.

Summary of transaction details

  • Property Type: Hotel & Retail
  • Transaction Amount: $80,000,000
  • Market: Midtown East
  • Lender: JPMorgan Chase
  • Loan Type: Refinance

The lender for this transaction is JPMorgan Chase, providing a loan amount of $80,000,000. The loan type is a refinance. It's important to note that Jamie Dimon, the CEO of JPMorgan Chase, is featured in the provided image.

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  • Location
    35 East 50th Street, New York City, New York 10022, United States35 East 50th Street, New York City, New York 10022, United States
  • Loan Value
    $80,000,000$80,000,000
  • Asset Type
    HotelHotel
  • Parties
    1 Lender1 Lender

JPMorgan Chase

JPMorgan Chase

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Volume$ 2.2T

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Deal Summary

LOAN IMAGE: Jamie Dimon (@JamieDimon_1) DATE: 06/17/2022 ADDRESS: 35 East 50th Street, 455 & 457 Madison Avenue MARKET: Midtown East ASSET TYPE: Hotel & Retail ~ SF: 866,090 LENDER: JPMorgan Chase (@JPMorgan) LANDLORD: Archdiocese of New York LOAN AMOUNT: $80,000,000 LOAN TYPE: Refinance

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