Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

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.

New York & Tri-State  + Midtown New York  + Finance  |  July 7, 2025
Paul Bubny
By: Paul Bubny

Tishman Speyer Refis 300 Park Ave. for $385M

Tishman Speyer on Monday announced a $385-million refinancing of 300 Park Ave., its fully leased Class A office tower in Midtown Manhattan’s Plaza District. A $330-million CMBS loan with a fixed interest rate of 5.44% was led by JPMorgan Chase with Deutsche Bank Securities and Morgan Stanley serving as co-lenders.

Concurrently, Tishman Speyer closed on $55 million in mezzanine financing with Macquarie Capital Principal Finance. Proceeds from the refinancing will be used to pay off 300 Park’s existing loan.

“Our refinancing of 300 Park Ave. is the culmination of a strategic process that positions the tower for continued success well into the future,” said Tishman Speyer senior managing director Randall Rothschild. The owner/developer has now secured more than $7 billion in refinancings on its marquee New York City office properties over the past nine months, starting last October with a $3.5-billion CMBS loan for its Rockefeller Center campus, the largest CMBS issuance ever for a single office asset.

Read More News Stories About: Tishman Speyer
Connect

Inside The Story

Tishman Speyer's Rothschild

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
Order Reprints
  • ◦Financing