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Share via Shortlink One New York Plaza, One Madison Avenue and 605 Third Avenue top the list of largest real estate loans. (Brookfield, Wikimedia Commons, Fisher Brothers)
The 10 largest Manhattan loans recorded in December totaled $2.1 billion, a slight decrease from November’s total. For the second month in a row (and the third time in four months), the biggest was a single-asset, single-borrower CMBS loan on an office building co-owned by Brookfield. The CMBS market produced three of the month’s top four, with the exception being a construction loan for SL Green’s next major office development. Here were the borough’s largest real estate loans in December: ....