Class B Office Building
Class B Office Building
Location: New York, NYProperty Type: Office
Size: 260,000 square feet
Investment Type: Discounted Note Purchase
Investment Size: $25,000,000
Closing Date: March 2010
RCG Longview provided $25,000,000 of financing secured by the pledge of a Mortgage Loan. The Sponsor’s discounted note purchase was secured by the interests in a 20-story office building located in the Park Avenue South submarket of Manhattan. In addition to the office space, the subject property includes approximately 7,000 square feet of ground floor retail along Park Avenue.
