Hawkins Way JV Acquires East Village Student Housing
Hawkins Way Capita and its joint venture partner, Varde Partners, have acquired 135 E. 12th St., a student housing property located in the East Village’s prime educational district. The purchase price was reportedly $51.5 million. Previously operated as Loeb Hall, a residence…
Hawkins Way Capita and its joint venture partner, Varde Partners, have acquired 135 E. 12th St., a student housing property located in the East Village’s prime educational district. The purchase price was reportedly $51.5 million. Previously operated as Loeb Hall, a residence…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine commercial real estate acquisition involving a student housing property with no novel financing or structural implications for credit markets.
Sources
Connect CRE
Hawkins Way JV Acquires East Village Student Housing
Hawkins Way Capita and its joint venture partner, Varde Partners, have acquired 135 E. 12th St., a student housing property located in the East Village’s prime educational district. The purchase price was reportedly $51.5 million. Previously operated as Loeb Hall, a residence…