John Harrington, HKS Capital Partners

Manhattan, NY HKS Capital Partners has originated a $25 million loan to refinance 466 Broome St., a commercial office/retail building in SoHo.

The seven-year non-recourse loan from Bank United features a fixed-rate loan at 3.75%.

“The 25,250 s/f building is located in the heart of one of Manhattan’s premier submarkets,” said John Harrington, co-founding partner of HKS, who negotiated the deal.

“SoHo is the location of choice for creative industries and maintains the cachet as a world class shopping destination,” said Harrington, who explained the building owners, who have owned the building since 2007 plan to use the money to purchase more properties in the area.

466 Broome Street - Manhattan, NY

Thanks for Reading!

You've read 1 of your 3 guest articles

Register and get instant unlimited access to all of our articles online.

Sign up is quick, easy, & FREE.

Subscription Options

Already have an account? Login here