 |
| Jennifer L. Keller |
NEW YORK, NY – Holliday Fenoglio Fowler, L.P. (HFF)
announced it has arranged $360 million in financing for the development of 100 East 53rd Street, a new luxury
condominium project in Manhattan’s Midtown East neighborhood.
HFF worked on behalf of the borrower, a joint venture
between RFR Holding LLC and Vanke Holdings LLC/China Cinda (HK) Asset
Management Co. Ltd., to secure the construction loan through the Industrial and
Commercial Bank of China.
Hines is
serving as co-developer of the project along with RFR Holding LLC. Sales and marketing is being handled by Compass
and Classic Marketing.
100 East 53rd Street is situated at the corner of East 53rd
Street and Lexington Avenue, adjacent to the renowned Seagram Building at 375
Park Avenue.
The 61-story tower will
have 94 for-sale residences along with ground- and second-floor retail and
restaurant space.
 |
| Michael Gigliotti |
Due for completion in 2017, the Foster + Partners designed project will have studio, one-, two-, three- and four-bedroom floor plans.
The
amenity-rich project is planned to include a swimming pool, sauna, steam room,
state-of-the-art fitness center, yoga room, pilates studio, massage/spa
treatment rooms, lounge, media room and concierge service.
The HFF debt placement team representing the borrower was
led by senior managing director Mike Tepedino, managing director Michael Gigliotti and director Jennifer Keller.
For a complete copy
of the company’s news release, please contact:
Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com
No comments:
Post a Comment