Victor H. Sigoura Of Legion Investment Group Secures $140.1 Million Construction Loan In Manhattan

The O2 office building, located at 5 West 13th Street in Greenwich Village, Manhattan, is a property consisting of 110,000 square feet. The building is situated on a C6‑2 lot and has approved plans for up to 36 residential units and 3 commercial units. A construction loan amounting to $140.1 million was secured for this asset.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $140,100,000
• Lender: Bank OZK
• Landlord: Victor H. Sigoura - Legion Investment Group

Victor H. Sigoura represents Legion Investment Group in this transaction, while the loan was utilized specifically for the construction of the O2 office building. The unique features of the project according to the approved plans enable a mix of residential and commercial units, providing potential avenues for varied occupancy.