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JP Morgan Chase Provides $425M Refinance Loan For Office Building At One Times Square In Midtown Manhattan

One Times Square
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This Office property located in NY received a loan of $425,000,000 almost 2 years ago. The brokers of the deal were Tanner McNeill, Grant Frankel, and Ethan Pond

One Times Square, located in Midtown, was involved in a recent closed property transaction. The asset type of the property is an office. The transaction took place on 05/12/2022.

Summary of transaction details

The lender for this transaction was JPMorgan Chase, while the landlord involved in the deal was Jamestown. The brokers who facilitated the transaction were Grant Frankel, Tanner McNeill, and Ethan Pond from Eastdil Secured. The loan type for this transaction was a refinance with a loan amount of $425,000,000.

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Deals
  • Location
    One Times Square, 1 Times Sq, New York City, New York 10036, United StatesOne Times Square, 1 Times Sq, New York City, New York 10036, United States
  • Loan Value
    $425,000,000$425,000,000
  • Asset Type
    OfficeOffice
  • Parties
    3 Brokers, 1 Agency, 1 Lender3 Brokers, 1 Agency, 1 Lender

Agents

Tanner McNeill

Tanner McNeill

Deals4
Financed$1.8B

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

JPMorgan Chase

JPMorgan Chase

Lender
Deals167
Volume$ 2.2T

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Deal Summary

LOAN IMAGE: Grant Frankel, Tanner McNeill, Matt M. Bronfman (@MattmBronfman), Ethan Pond & Jamie Dimon (@JamieDimon_1) DATE: 05/12/2022 ADDRESS: One Times Square MARKET: Midtown ASSET TYPE: Office LENDER: JPMorgan Chase (@JpMorgan) LANDLORD: Jamestown BROKERS: Grant Frankel, Tanner McNeill & Ethan Pond - Eastdil Secured (@EastdilSecured) LOAN AMOUNT: $425,000,000 LOAN TYPE: Refinance

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One Times Square

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