Deals of the Day: June 10

Sales

Gentlemen’s club building trades hands

Address: 687 Eighth Ave., Manhattan
Buyer: Trans World Equities
Seller: Adcort Realty
Sales price: $20 million
Asset type: Mixed-use

Financings

Essex Crossing lands $466M refi

Address: 145 Delancey and 155 Delancey streets
Owner: Delancey Street Associates: Taconic Partners, L+M Development Partners, BFC Partners, the Prusik Group and Goldman Sachs
Lender: Deutsche Bank, Square Mile Capital
Loan amount: $466 million
Asset type: Mixed-use office
Brokers: JLL and Walker & Dunlop represented the owners in securing the loans. 

St. Marks Place development gets $70M refi

Address: 1 and 3 St. Marks Place, Manhattan
Owner: Real Estate Equities Corp.
Lender: Parkview Financial
Loan amount: $70 million
Asset type: Office development

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