HFF Arranges $372M Loan For NY Tower

Holliday Fenoglio Fowler has arranged a new 10 year $372 million loan for 1285 Avenue of the Americas in New York.

Holliday Fenoglio Fowler (HFF) has arranged a new 10 year $372 million loan for 1285 Avenue of the Americas in New York. The office building is jointly owned by AXA Equitable Life Insurance and institutional investors advised by JP Morgan Asset Management.

The refinancing was provided by MetLife Real Estate Investments. The tower, which is 99.9% rented out, is leased to UBS, law firm Paul Weiss, Rifkind, Wharton & Garrison and advertising agency BBDO.

Click here for the release from Business Wire.