Michael Shvo has closed on his purchase of 530 Broadway, according to property records. Jeff Sutton and Joe Sitt sold the Soho retail property to a Shvo-led partnership for $382 million, slightly less than the $400 million the property originally went into contract for. The deal includes a $210 million loan from LoanCore. Sutton and Sitt had been mulling a sale of the building for years, putting it on the market in 2016 with a
source https://therealdeal.com/2020/03/10/michael-shvo-closes-on-soho-retail-building-for-382m/
No comments:
Post a Comment