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NEW YORK CITY — Malkin Strategic Capital has secured an $11.5 million mezzanine loan to recapitalize 400 Madison Avenue in Manhattan. The loan, which carries a 5-year term, supplements a new $55 million senior loan provided by MetLife, and the two loans are coterminus. The package replaces the prior securitized financing at a blended annual rate of less than 6.5 percent. Built in 1929, 400 Madison Avenue totals 22 stories and 188,000 square feet. Its occupancy was approximately 90 percent at the time of closing. The property's owner is the Macklowe family.