Hunton & Williams Assists Clients L+M and Savanna in $315M Sale of Harlem Apartment Complex

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.

press release

• Fairstead Capital Announces Acquisition of Savoy Park Apartment Complex in Harlem

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