Victor Sigoura Of Legion Investment Group Secures $191M Construction Loan For 34-Unit Condo In Greenwich Village

A construction loan amounting to $191,000,000 has been secured for a development site at 11 West 13th Street, located in the Greenwich Village market. The asset will consist of a 34-unit luxury condominium scheduled to open in 2027.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $191,000,000
• Lender: Bank OZK & CanAm Enterprises
• Landlord: Victor Sigoura - Legion Investment Group & EJS Group
• Loan Type: Construction

The loan includes $140.1 million from Bank OZK and a $50 million mezzanine financing from CanAm Enterprises, highlighting the collaborative funding efforts for this luxury residence project led by Legion Investment Group and EJS Group.