Thursday 4 October 2018

Dalan Management, Elion Partners land $55M loan for Chelsea purchase

Dalan Management and Elion Partners landed a $55 million mortgage for its acquisition of a residential and retail assemblage across from Google’s office building. The partners acquired the properties, collectively called the “Chelsea Collection,” for $83 million earlier this week. The package, with the address of 102-116 Eighth Avenue, spans 115,000 square feet and contains 102 apartments and 10 retail spaces. The previous owner, the Brodsky Organization, acquired the buildings in 1994. The property is just […]



source https://therealdeal.com/2018/10/04/dalan-management-elion-partners-land-55m-loan-for-chelsea-purchase/

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