New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

New York & Tri-State  + New York  + Office  | 

NKF Arranges $250M Refi of Recently-Renovated New York Buildings

Don’t miss Connect National Investment & Finance on Oct. 18 to hear what industry leaders and major stakeholders have to say about the state of the market and what’s next in this current cycle. Click here to register.

Normandy Real Estate Partners, Meadow Partners, and AM Property Holding Corp. secured a $250 million floating-rate loan to refinance 80-90 Maiden Lane in New York. The loan was provided by Invesco Real Estate.

The two adjacent, newly-renovated office buildings with ground-level retail sit in the heart of the Financial District, and combine for more than 610,000 square feet. The 25-story properties are being reintroduced to the Downtown Manhattan market as revitalized pre-war office assets that stand to benefit from a significant market-to-market opportunity.

Normandy Real Estate Partners’ Travis Feehan says, “The newly-renovated properties at 80-90 Maiden Lane sit in a prime location in the Financial District – in close proximity to major subway lines, the PATH, and ferry services – and are adjacent to One Chase Manhattan Plaza, four blocks from the World Trade Center, and six blocks from the Seaport District.”

NKF Capital Markets’ Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Chris Kramer and Dylan Kane represented the sponsorship.


Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With Normandy Real Estate Partners’ FeehanConnect With Invesco Real EstateConnect With NKF Capital Markets’ Stolly

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Financing
Chase-19-cube
TaylorStreet-03-Cube