Global Holdings Refinances Luxury Residential Near Central Park
Global Holdings has completed a $190-million refinancing of Anagram Columbus Circle, its luxury residential tower located at 1 W. 60th St., near Central Park. JPMorgan served as the agent and provided the loan along with Sumitomo Mitsui Trust Bank. The loan was structured as a first-mortgage refinancing.
“Securing this refinancing reflects the continued confidence in Anagram Columbus Circle and the enduring strength of the Anagram portfolio,” said Eyal Ofer, chairman of Global Holdings. “It reinforces our commitment to providing exceptional residential experiences and maintaining Anagram Columbus Circle’s reputation as a premier New York address.”
JLL Capital Markets arranged the deal, led by senior managing directors Christopher Peck, Peter Rotchford and Rob Hinckley, senior director Nicco Lupo and director Christopher Pratt. “This financing underscores continued confidence from leading lenders in Manhattan’s multifamily market,” said Rotchford.
The 26-story Anagram Columbus Circle’s 123 apartments range from studio to four-bedroom residences.
Other News
Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
Learn more
80-Unit Seniors Housing Development Opens in Suburban Chicago
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
Learn more
312-Unit Multifamily in Indiana Changes Hands
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout