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First Republic Bank Provides $58M Debt Financing For Office Building At 5 Columbus Cir. In Manhattan, NY

5 Columbus Circle
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This Office property located in NY received a loan of $58,000,000 over 1 year ago. The brokers of the deal were Grant Frankel and Ethan Pond

Located at 5 Columbus Cir. in Manhattan, this 244,000 square foot office asset recently underwent a closed transaction. The property is situated in a prime location within the bustling Manhattan market.

Summary of transaction details:

Grant Frankel, Ethan Pond, and Auston Ingram from Eastdil Secured served as the brokers in this closed transaction. They represented the parties involved in the deal.

The loan amount for this transaction was $58,000,000, and it was obtained through debt financing. First Republic Bank provided the loan.

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Deals
  • Location
    5 Columbus Circle5 Columbus Circle
  • Loan Value
    $58,000,000$58,000,000
  • Asset Type
    OfficeOffice
  • Parties
    2 Brokers, 1 Agency, 1 Lender2 Brokers, 1 Agency, 1 Lender

Agents

Grant Frankel

Grant Frankel

Deals17
Financed$7.1B

Ethan Pond

Ethan Pond

Deals12
Financed$5.8B

Agency

Eastdil Secured

Eastdil Secured

Agency
Deals187
Volume$58.2B

First Republic Bank

First Republic Bank

Lender
Deals38
Volume$ 64B

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Deal Summary

SPEED POST LOAN IMAGE: Grant Frankel, Ethan Pond & Auston Ingram DATE: 08/23/2022 ADDRESS: 5 Columbus Cir. MARKET: Manhattan ASSET TYPE: Office ~ SF: 244,000 LENDER: First Republic Bank BROKERS: Grant Frankel, Ethan Pond & Auston Ingram - Eastdil Secured LOAN AMOUNT: $58,000,000 LOAN TYPE: Debt Financing

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5 Columbus Circle

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