NEW YORK CITY–An affiliate of the State Teachers Retirement System of Ohio has landed a $650 million senior mortgage loan secured by 590 Madison Ave. A Cushman & Wakefield equity, debt and structured finance team of Steve Kohn, Alex Hernandez, Chris Moyer and Alex Lapidus represented the STRS Ohio affiliate.

The fixed rate financing was provided by Goldman Sachs Mortgage Co., proceeds of which retired Goldman Sachs‘ previous financing that Cushman & Wakefield arranged in January 2007.

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