Refinancing Secured For 1250 Broadway In NoMad, Manhattan
Real estate development and investment firm Global Holdings has secured a $450 million refinancing for 1250 Broadway, a 39-story office tower in NoMad, Manhattan. Branded as Nomad Tower, the property is a LEED Platinum-certified office building located along Broadway between West 31st and West 32nd Streets. Wells Fargo originated the three-year fixed-rate loan, which was structured as a Green Bond, while Eastdil Secured advised on the transaction. Proceeds from the financing will retire existing debt on the property.





