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Avison Young Arranges $404M Agency Permanent Loan for Manhattan Apartment Building
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Avison Young Arranges $404M Agency Permanent Loan for Manhattan Apartment Building
NEW YORK CITY — Avison Young has arranged a $404 million Freddie Mac permanent loan for The Archive, a 479-unit historic apartment building located at 666 Greenwich St. in Manhattan’s West Village submarket. PNC Bank provided the loan to the borrower, an affiliate of Rockrose Development, and will also act as the loan servicer. The 11-story building occupies a full city block and offers amenities such as a zen room, rooftop terrace and a childre…
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