Global Holdings locks down $249M refi for Anagram NoMad

Eyal Ofer’s Global Holdings Management sealed a $249.2 million loan to refinance a 50-story residential tower in NoMad. Wells Fargo originated the Freddie Mac-backed loan for Anagram NoMad at 10 East 29th Street, Commercial Observer reported. The financing replaces a prior balance sheet loan from the bank; Wells Fargo’s Andrew Cohen and Shane Hogan arranged the deal. Global Holdings, led by the billionaire Ofer, acquired the property in early 2020 for $380 million from the Los Angeles County Employees’ Retirement Association, weeks before Covid sent Manhattan’s rental market into a tailspin.  Previously known as Instrata Nomad, the tower underwent a […]This article originally appeared on The Real Deal. Click here to read the full story.