US·Refinancing·Office
JP Morgan Chase provides $282.5M CMBS refinancing for 1325 Ave of the Americas office tower
Value
$282.5M
Location
New York, New York County, New York
Date
2026-04-10
Companies
Rithm Capital, JP Morgan Chase
The new loan will repay a $205M balance sheet loan and address additional costs including gap rent and tenant improvements, with Rithm contributing $4M of equity. The building is reported as 89.7% leased.
cmbsmidtown-manhattanofficerefinancing
Source
Commercial Observer