Home Crescent Heights

Crescent Heights

Bank of China has placed an $85 million mortgage on a recently developed condo conversion project at 166 East 66th Street on Manhattan's Upper East Side, whose developers recently came under the scrutiny of the state’s Attorney General.
Goldman Sachs has provided Crescent Heights with a £130m acquisition facility for its £160m purchase of Vintners Place in the City of London. The facility reflects a loan-to-value (LTV) ratio of just over 80%, making it one of the largest, highly-leveraged loans in London this cycle.
AEW Capital Management has provided a whole loan totaling $105m to Crescent Heights for the acquisition of Burnham Pointe at Printer’s Row, a multi-family apartment community in Chicago, Illinois.

Copyright PEI Media

Not for publication, email or dissemination