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Apple Bank Provides $42M Refi for Kaufman Organization’s Nelson Tower

The Kaufman Organization has secured $42 million to refinance Nelson Tower, a 46-story, 510,000-square-foot Art Deco office building in the heart of Midtown Manhattan, Commercial Observer can first re

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Summary

The Kaufman Organization has secured $42 million to refinance Nelson Tower, a 46-story, 510,000-square-foot Art Deco office building in the heart of Midtown Manhattan, Commercial Observer can first report.

Apple Bank provided the debt, while the JLL Capital Markets team led by Aaron Niedermayer arranged the transaction.

Niedermayer noted in a statement that Apple Bank […]

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