Moinian Group Refinances 535-545 Fifth Avenue with $310M CMBS Loan
Value
$310M
Location
New York, New York County, New York
Date
2026-01-27
Companies
Moinian Group, Deutsche Bank, Société Générale / German American Capital Corp., CBRE, Iron Hound Management
The Moinian Group secured a $310 million CMBS loan from Deutsche Bank and Société Générale to refinance 535 and 545 Fifth Avenue, a 507,000 SF mixed office-retail complex near Grand Central Terminal in Midtown Manhattan. The transaction resolved a defaulted $310 million loan that had been sent to special servicing after maturing in March 2025. Moinian contributed $10 million in fresh equity to close the deal. The new loan matures in January 2031 and is structured as an amortizing (rather than interest-only) CMBS deal, which is unusual for the market.
Source
Bisnow