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.