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**Moinian Group Secures $310M Refinancing for Midtown Manhattan Office Tower**
The Moinian Group has announced the successful closing of a $310 million refinancing deal for its office property at 535–545 Fifth Avenue in Midtown Manhattan. The 512,171-square-foot asset, located between East 44th and East 45th Streets, benefits from a prime location near Grand Central Terminal and is surrounded by world-class transportation, retail, and dining options.
The refinancing was secured through Deutsche Bank and Société Générale, according to industry reports. This new loan replaces the existing debt on the property and provides long-term, stable financing during what the company described as a challenging capital markets environment.
“This refinancing underscores the value of prime Fifth Avenue assets and our disciplined approach to asset management,” said Joseph Moinian, founder and CEO of The Moinian Group. “We are pleased to secure attractive financing that positions the property for continued long-term success.”
535–545 Fifth Avenue is a key part of The Moinian Group’s Manhattan office portfolio and caters to a diverse base of tenants. The refinancing reinforces the group’s commitment to maintaining high-quality assets in one of New York City’s most competitive commercial real estate markets.
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