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February 22, 2016 Comments Off on Luxury Condos Receive $265M Construction Loan Views: 417 California News, National News, New York News, Northeast

Luxury Condos Receive $265M Construction Loan

HFF has secured $265 million in financing for development of 160 Leroy Street, a 12-story, 49-unit condominium building in Manhattan’s West Village. HFF worked on behalf of Ian Schrager Co., as well as Ares Management, Weinberg Properties and William Gottlieb Real Estate, which are developing the luxury condos.

The loan was placed with the Children’s Investment Fund Management (UK) LLP.

Michael Tepedino, Eric Anton, Christopher Peck and Geoff Goldstein led the debt placement team in the transaction.

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