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Global Holdings Lands $382M Refi for Midtown Tower

Summary by Connect CRE
Private equity firm Global Holdings has secured a $382.4 million refinancing loan for its Midtown Manhattan office tower at 120 Park Ave., with Wells Fargo and German bank LBBW originating the note. The funding, reported by The Real Deal, retires the property’s existing $335 million loan from HSBC. The recapitalization follows Bloomberg LP’s renewal in late 2025 of its 495,753-square-foot lease across 20 floors of the Class A building, marking o…
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Connect CRE broke the news on Friday, September 4, 2026.
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