Ian Schrager Secures $265M Construction Loan for 160 Leroy
New York City-based developer Ian Schrager Company, in conjunction with Ares Management, Weinberg Pr
New York City-based developer Ian Schrager Company, in conjunction with Ares Management, Weinberg Properties and William Gottlieb Real Estate, has secured $265 million in construction financing for the development of its luxury condo tower at 160 Leroy St. in New York, NY.
HFF’s Michael Tepedino, Eric Anton, Christopher Peck and Geoff Goldstein arranged the loan for the borrower, placing it with Children’s Investment Fund Management (UK) LLP.
With…
Source: Co Star Commercial Real Estate