Luxury Developer SHVO Lands $230M Loan for SOHO Property | GlobeSt
Luxury real estate developer SHVO on behalf of a joint venture including Deutsche Finance America and BLG Capital Ltd. has secured a $230 million loan from LoanCore Capital in the acquisition of 530 Broadway in SOHO.
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Sold 8/1/2007 @ $190 million
Sold 3/6/2014 @ $326 million
In contract now at a reported $400 million.
