Friday 27 July 2018

Eretz lands $185M loan for Midtown office tower

Abe Talassazan’s Eretz Group landed a $185 million loan for 295 Madison Avenue in Midtown. The refinancing from Aareal Capital Corporation replaces a $169 million loan that Bank of China provided in 2015, property records show. The loan package also includes an $18 million gap mortgage. The property, which sits at the corner of Madison Avenue and East 41st Street, is a 301,000-square-foot tower that stands 45 stories tall. Tenants in the building include headhunting […]



source https://therealdeal.com/2018/07/27/eretz-lands-185m-loan-for-midtown-office-tower/

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