Landsea Homes And DNA Development Acquire Multifamily Property In Greenwich Village, Manhattan For $52.8M | 530 Sixth Avenue & 536-540 Sixth Avenue | Sean Meehan, Ross Cumming | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

The multifamily property located at 530 Sixth Ave & 536-540 Sixth Ave in Greenwich Village, Manhattan, NY has been sold and financed. The sale and loan were completed on September 14, 2018. The property is owned by @Extell and was purchased by Landsea Homes and DNA Development. The sale price for the property was $52,800,000, and a loan amount of $97,000,000 was secured from Mack Real Estate. The property is a multifamily asset, and it is situated in Greenwich Village, Manhattan.

Summary of transaction details

Property Type: Multifamily
Sale Price: $52,800,000
Loan Amount: $97,000,000
Address: 530 Sixth Ave & 536-540 Sixth Ave, Greenwich Village, Manhattan, NY
Seller: @Extell
Buyer: Landsea Homes and DNA Development
Lender: Mack Real Estate

The deal was facilitated by Patrick Hanlon, Sean Meehan, and Ross Cumming of Ackman-Ziff, who acted as brokers in the transaction.

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3

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1

Details

Deal Summary

FINANCED

IMAGE: & SALE (SWIPE ⬅️) IMAGE: Richard Mack, Patrick Hanlon, Thomas Graham, Alexander Sachs, & Gary Barnett DATE: 09/14/2018 ADDRESS: 530 Sixth Ave & 536-540 Sixth Ave CITY: Greenwich Village, Manhattan, NY ASSET TYPE: Multifamily SELLER: @Extell BUYER: Landsea Homes and DNA Development LENDER: Mack Real Estate BROKERS: Patrick Hanlon, Sean Meehan , & Ross Cumming - Ackman-Ziff SALE PRICE: $52,800,000 LOAN AMOUNT: $97,000,000

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Address530 Sixth Avenue & 536-540 Sixth Avenue

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