The New School Sells Loeb Hall Residence to Hawkins Way Capital for $52M
In its third acquisition of student housing in Manhattan this summer, Hawkins Way Capital has purchased a residence hall near Union Square for $51.5 million from the New School, according to city records made public Tuesday. Hawkins, using the entity 135 E 12th Owner, bought…
In its third acquisition of student housing in Manhattan this summer, Hawkins Way Capital has purchased a residence hall near Union Square for $51.5 million from the New School, according to city records made public Tuesday. Hawkins, using the entity 135 E 12th Owner, bought…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine real estate transaction involving student housing with limited broader market impact or novelty for credit-market professionals.
Sources
Commercial Observer
The New School Sells Loeb Hall Residence to Hawkins Way Capital for $52M
In its third acquisition of student housing in Manhattan this summer, Hawkins Way Capital has purchased a residence hall near Union Square for $51.5 million from the New School, according to city records made public Tuesday. Hawkins, using the entity 135 E 12th Owner, bought…