Global Holdings Refinances NoMad High-Rise with $249 Million Loan

Global Holdings Refinances NoMad High-Rise with $249 Million Loan
Global Holdings Refinances NoMad High-Rise with $249 Million Loan

**Global Holdings Refinances NoMad High-Rise for $249 Million**

Wells Fargo’s Multifamily Capital group has closed a $249.2 million Freddie Mac loan for Anagram NoMad, a luxury residential tower situated at 10 East 29th Street between Madison and Fifth Avenues in the NoMad neighborhood of Midtown South, Manhattan. The loan will be used by Global Holdings Management Group to refinance an existing Wells Fargo balance sheet loan. The financing was originated by Wells Fargo Executive Directors Andrew Cohen and Shane Hogan.

Global Holdings originally acquired the 392-unit, 50-story property in the spring of 2020 and reintroduced it as Anagram NoMad a year and a half later. This rebranding marked the debut property under the Anagram brand.

The high-rise offers a range of luxury amenities, including a rooftop with both indoor and outdoor spaces featuring panoramic views of the city, a bar, game room, and lounge areas. Other amenities include a full-service gym with a climbing wall and yoga studio, a resident café, coworking spaces with conference and phone rooms, a children’s playhouse, a library, and a private garden lawn.

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