NKF Arranges $125 Million Refinancing for High-Profile Retail Properties in San Francisco

by Alex Tostado

San Francisco — Newmark Knight Frank (NKF) has arranged a $125 million, fixed-rate loan to refinance 111 Maiden Lane and 201 Post Street in San Francisco.

Ramsey Daya and Jonathan Soffer, Chris Moritz and Travis Bailey of NKF secured the loan for a high-net-worth family through PGIM Real Estate Finance. Located one block from Union Square, the beaux-arts buildings were built in 1908 and 1909. The properties are home to the West Coast flagships of several iconic luxury brands, including Hermès, Yves Saint Laurent, Cartier and Fendi. Additionally, the assets feature 100,000 square feet of creative office space and serve as the headquarters of Venables Bell and Orlando Diaz-Azcuy.

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