Hunton & Williams LLP assisted L+M and Savanna in the $315 million sale of Savoy Park Apartments to Fairstead Capital. Savoy Park Apartments comprises seven, 16-story buildings, located at 45 West 139th Street. The campus features 1,790 multifamily units and stretches across 10.5 acres in central Harlem.
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additional coverage
- Fairstead closes $315M purchase of Savoy Park Apartments in Harlem, Real Estate Weekly, July 11, 2016
- Harlem MF Complex Trades For Large Price, GlobeSt.com, July 12, 2016
- Fairstead Capital Acquires Savoy Park Apartments in Harlem for $315M, Rebusiness Online, July 12, 2016
- Fairstead Capital Spends $315M on Harlem Apartments, Multi-Housing News, July 13, 2016