HFF Closes $26M Refi for Manhattan Office Asset
By
Tony Seruga
HFF worked on behalf of Hidrock Properties and an institutional investment partner to close the refinancing of the fully leased building.
New York—
HFF recently arranged a $25.5 million refinancing for a 79,750-square-foot office building located in the Garment District of Manhattan.
HFF worked on behalf of the borrower, a joint venture between
Hidrock Properties and an institutional investment partner, to secure the five-year, floating-rate loan through M&T Bank. Managing Director Steven Klein and Director Geoff Goldstein led the HFF debt placement team…
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