A joint venture for an office building in downtown Manhattan of New York City has secured a $95 million senior mortgage loan.
The JV's makeup is between major real estate firms BLDG and DWREI. The property, called 100 Wall Street, spans more than 515,000 gross square feet.
Northwind Group provided the loan for 100 Wall Street, which features 29 stories and comes with floor plans, containing air and light on all four sides. Northwind noted in a statement that those features "set 100 Wall Street apart from similar office products in the Financial District."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
