Manhattan, NY According to Rockwood Capital, they have entered into a joint venture with Midtown Equities, as borrower in its financing of One Broadway. The $161 million loan will be used for acquisition and repositioning of the landmarked Financial District office building. Additionally, Midtown Equities and Rockwood Capital purchased the 12-story office building for $140 million.
Goodwin provided legal counsel to Rockwood Capital in this loan transaction. The Goodwin team was led by partner Diana Brummer and associates Kristy Coleman and Kristen Moran.