Deal sheet    Single Deal
452 Fifth Avenue|Financing|06/22/2012
  • Event Financing
  • Address 452 Fifth Avenue
  • Square feet 865,000
  • Borough Manhattan
  • Neighborhood Garment District
  • Publication Date 08/01/2012
A $400 million loan was provided to refinance the building. The refinancing consists of a $300 million senior loan and $100 million in mezzanine debt. The long-term, non-recourse loan is interest only for five years with a blended interest rate of 5.04 percent. office building.