Wednesday 27 November 2019

Isaac Chetrit lands $210M refi for Garment District office building

Isaac Chetrit has landed a $210 million refinancing from Morgan Stanley for 1412 Broadway, according to sources familiar with the deal. Chetrit purchased the 415,000-square-foot, 24-story Garment District office property from Harbor Group International in 2014 for $250 million. The new debt replaces a $160 million loan Wells Fargo provided on the property in 2016. David Hayum of Meridian Capital Group brokered the deal with Morgan Stanley. He and Morgan Stanley did not respond to



source https://therealdeal.com/2019/11/27/isaac-chetrit-lands-210m-refi-for-garment-district-office-building/

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