Deutsche Pfandbriefbank has provided $150 million of mortgage financing for 295 Fifth Ave., a 710,000-square-foot office building in Manhattan that a venture of Tribeca Investment Group, Meadow Partners and PGIM Real Estate is redeveloping. The loan was arranged by Newmark. The Tribeca venture had purchased the 100-year-old building, then with 550,000 sf, in 2019 for $375 […]

The post Manhattan Office Building Undergoing Revamp Gets $150Mln Loan appeared first on Commercial Real Estate Direct.