Hunton & Williams LLP Represents Owner of 5 Columbus Circle in $55M Mortgage Loan
NEW YORK — May 22, 2013 — Hunton & Williams LLP advised the owner of 5 Columbus Circle in connection with a $55 million mortgage loan with respect to the landmark office building.
5 Columbus Circle (also known as 1790 Broadway) counts among its tenants Columbia University, Fordham University, HSBC, Columbia Artists Management and Westside Radiology.
The loan was provided by First Republic Bank.
The Hunton & Williams legal team was led by Carl F. Schwartz, chair of the New York real estate practice, and New York associate Matthew A. Scoville.
John P. O'Donnell of John P. O'Donnell, P.C. served as co-counsel to the owner in connection with the transaction and also represented the managing member of the owner.
The Hunton & Williams real estate practice group advises clients on matters involving the full spectrum of commercial, industrial, retail, multifamily, hospitality and mixed-use properties, as well as counseling global private equity, opportunity and hedge funds in all aspects of real estate investments.
About Hunton & Williams LLP
Hunton & Williams LLP provides legal services to corporations, financial institutions, governments and individuals, as well as to a broad array of other entities. Since our establishment more than a century ago, Hunton & Williams has grown to more than 800 lawyers serving clients in 100 countries from 19 offices around the world. Our practice has a strong industry focus on real estate, energy, financial services and life sciences, and our experience extends to practice areas including bankruptcy and creditors' rights, commercial litigation, corporate transactions and securities law, intellectual property, international and government relations, regulatory law, products liability, and privacy and data security.
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