Greenpoint Landing Development’s $217 Million Financing


Fried Frank acted as counsel to Brookfield Properties on the transaction

Brookfield Properties secured $217 million construction financing from The Bank of Nova Scotia, Industrial and Commercial Bank of China (ICBC), TD Securities (USA), and Intesa Sanpaolo for the latest residential tower in the Greenpoint Landing Development.

Greenpoint Landing is a 22-acre master-planned development site located on the Brooklyn waterfront. Brookfield is developing four residential components of the project in partnership with site developer, Park Tower Group.

The Fried Frank team included real estate special counsel Joel London (Picture) and real estate associates Michael E. Hofer, David E. Schneyer, and Vincenzo Sessa.

Involved fees earner: Michael Hofer – Fried Frank Harris Shriver & Jacobson; Joel London – Fried Frank Harris Shriver & Jacobson; David Schneyer – Fried Frank Harris Shriver & Jacobson; Vincenzo Sessa – Fried Frank Harris Shriver & Jacobson;

Law Firms: Fried Frank Harris Shriver & Jacobson;

Clients: Brookfield Property Partners L.P.;

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Author: Ambrogio Visconti