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Seyfarth Guides Prudential's $185M Madison Ave. Loan

Law360 (March 6, 2018, 3:29 PM EST) -- Seyfarth Shaw LLP represented The Prudential Insurance Co. of America in connection with its $185 million loan to Ruben Cos. for an office and retail property on Madison Avenue in Manhattan, according to records made public in New York on Tuesday.

The loan is for 600 Madison Ave., and of that $185 million, $10 million is new capital for the building and the remainder is for the assumption and refinancing of existing debt on the building.

The 26-story building has floor plates that range from 4,500...
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