Acres Capital Provides $120M Acquisition Loan For Park Avenue Office Building
45 East 53rd Street
Office
130,000 SF
130,000 SF
Financed 1 year ago
Summary
Acres Capital provided a loan of $120,000,000 for the acquisition of an office property located at 45 East 53rd Street in the Park Avenue market. The property spans a total of 130,000 square feet.
Summary of transation details
- Property Type: Office
- Transaction Amount: $120,000,000
- Market: Park Avenue
- Address: 45 East 53rd Street
- Lender: Acres Capital
The landlords involved in the deal are Rialto Capital Management and ZG Capital Partners, represented by Bobby Zar and James Tamborlane. The brokers who facilitated the transaction were Dustin Stolly, Jordan Roeschlaub, and Daniel Fromm from Newmark.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
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45 East 53rd Street
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