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Press Release
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Contact: Nick Derasmo (212.841.7505) |
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SONNENBLICK-GOLDMAN ARRANGES $45 MILLION FIRST MORTGAGE FOR 180 MADISON AVENUE |
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Monday, July 21, 2003
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New York, NY
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Sonnenblick-Goldman Company, serving as exclusive financial advisor to an affiliate of SL Green Realty Corp. and Morgan Stanley Real Estate Fund, has arranged a $45 million fixed-rate first mortgage loan for 180 Madison Avenue, an approximately 265,000-square-foot office building in midtown Manhattan. A major financial banking institution provided the loan.
“180 Madison Avenue’s ideal location, quality of its tenant roster and extremely strong sponsorship created great interest within the financing community,” says Morton Holliday, managing director of Sonnenblick-Goldman.
The 24-story office building, on the southwest corner of Madison Avenue and East 34th Street, is within walking distance of both Grand Central Station and Penn Station. Tenants include Natori Company, Kellwood Company and Vandale Industries.
Sonnenblick-Goldman’s financing team was led by Mr. Holliday, Mark Ehlinger, director, and Alex Hernandez, associate. |
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Sonnenblick-Goldman, LLC is the industry’s leading independent real estate investment banking firm. Founded in 1893 to serve the financing needs of the real estate industry, Sonnenblick-Goldman, LLC provides a full range of financial services, including debt and equity placements, joint ventures, investment sales and advisory services. Headquartered in New York, Sonnenblick-Goldman maintains offices in San Francisco, Boston, Hong Kong, Shanghai, Sydney and Tokyo. Further information can be found at Sonnenblick-Goldman, LLC’s website at www.cushwake.com/sonngold.
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