Extell lands $417M loan for 570 Fifth Ave development
March 30, 2026
The Real Deal
Gary Barnett secured another refinancing for his banner development at 570 Fifth Avenue JPMorgan Chase provided Extell Development with 417 million to refinance the project, PincusCo reported. The development site comprises more than a dozen properties assembled by the New York City skyline shaper. The deal, which closed on March 20, replaces a 340 million loan issued less than two years ago.
Neither the borrower nor the lender immediately responded to requests for comment from The Real Deal. Global law firm Simpson Thacher Bartlett was reported last summer to be poised to take roughly 700,000 square feet to anchor []This article originally appeared on The Real Deal. Click here to read the full story.
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