Tishman Speyer and Henry Crown secured a $2.85 billion CMBS loan, with an additional $200 million expected, for The Spiral at 66 Hudson Boulevard in Hudson Yards. The loan, provided by JPMorgan Chase, Bank of America, Goldman Sachs, and Wells Fargo, will refinance existing debt and fund tenant reserves. Other major loans in January included $300 million for JEMB Realty’s Herald Center, $288 million for GFP Real Estate’s office-to-residential conversion at 222 Broadway, and $225 million for Urban American’s West Harlem rental complex. Multifamily projects, industrial properties, and condo developments across New York also received significant financing.
66 Hudson Boulevard
