ABS Partners landed a $72 million loan for 270 Madison Avenue in Midtown. The new financing from Des Moines, Iowa-based Principal Life Insurance Company replaces a $68 million note from JP Morgan Chase in 2015, according to records filed with the city. Principal assumed the existing debt on the property and provided a $4 million gap mortgage. The property is a 19-story, 269,000-square-foot building located on the corner of 39th Street and Madison Avenue. One […]
source https://therealdeal.com/2018/08/02/abs-partners-secures-72m-loan-for-270-madison-avenue/
No comments:
Post a Comment