Real estate investment firm Shorenstein Properties has obtained a $350 million loan to finance its ground lease at 1407 Broadway in New York City, assuring its financial position on the 42-story Penn Plaza office tower for the next half-decade.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties