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Stock impact report

KBRA Assigns Preliminary Ratings to RFR 2025-SGRM [Yahoo! Finance]

Arbor Realty Trust (ABR) 
Last arbor realty trust earnings: 2/14 08:15 am Check Earnings Report
US:NYSE Investor Relations: ir.arbor.com/investor-relations
Company Research Source: Yahoo! Finance
NEW YORK, February 12, 2025 BUSINESS WIRE )--KBRA announces the assignment of preliminary ratings to seven classes of RFR 2025-SGRM, a CMBS single-borrower securitization. The collateral for the transaction is a $1.2 billion fixed rate, interest-only mortgage loan. The fixed rate loan has a four-year term and requires monthly interest-only payments based on an assumed interest rate of 6.25%. The loan is secured by the borrower's fee simple interest in 375 Park Avenue, which is commonly known as the Seagram Building, a 38-story, Class-A office tower containing 859,934 sf. The building is located along Park Avenue between East 52 nd and 53 rd Streets in the Midtown neighborhood of New York City's borough of Manhattan. The property was built in 1958 and subsequently received landmark status in 1976. As of January 2025, the property was 96.3% leased to approximately 40 tenants. The five largest tenants by base rent consist of Blue Owl (31.0% of base rent), TIAA of America (9.8%), Centerb Show less Read more
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