NEW YORK CITY—Kamber Management Co., which recently acquired the Tower 45 office building on West 45th Street from SL Green Realty Corp., has secured a $150-million loan to help finance the acquisition.
Last week, Globest.com reported that Kamber closed on the $365-million purchase of the 40-story office building at 120 West 45th St. The office building totals approximately 440,000 square feet. Esterich & Co. of New York City brokered the 10-year loan, according to a report in the Commercial Observer.
The property located between Sixth Avenue and Broadway was acquired by SL Green in 2007 as part of the merger with Reckson Associates.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
