United States Hff Tender

Holliday Fenoglio Fowler L.P. HFF announces it has secured 97.1 million in financing for 111 Leroy a boutique luxury condominium development in Manhattans West Village.HFF worked on behalf of the developer Property Markets Group PMG to arrange the two-year floating-rate financing through Rialto Capital Management. Loan proceeds were used to finance unsold condo inventory at the development which consists of 13 residences and four townhouses totaling approximately 50000 sellable square feet. HFF previously secured construction financing for the project which is now in the final stages of development.111 Leroy consists of 18 bespoke residences within a 10-story mid-rise tower at the corner of Greenwich Street in the West Village. The residences offer a variety of studio through four-bedroom floor plans ranging from 506 to 3370 square feet and the projects five three- and four-story townhouses include multiple private terraces with fire pits outdoor kitchens hot tubs and private elevators. The townhouses are available in a variety of four- and five-bedroom layouts averaging 5397 square feet. The one five-bedroom townhouse unit also includes a private parking garage with direct entry. Homes will include high ceilings nine-inch white oak flooring LG washers and dryers radiant floor heating energy efficient HVAC systems custom walnut cabinetry and Savant home automation. In addition to the high-end interior finishes and exclusive Leroy Street address 111 Leroy will also feature a 24-hour doorman state-of-the-art gym residents lounge water views and a landscaped yard with arbor garden lounge area fire pit and barbecue.