1019920020

Acquired: June 29, 2020, $60.7 million

Debt: June 29, 2020, $250.8 million

Transactions:

• L+M Development Partners borrowed $250.8 million from Barings for 92 Claremont Avenue, Morningside Heights, Manhattan on June 29, 2020.

• Union Theological Seminary sold 100 Claremont Avenue, Morningside Heights, Manhattan for $60.7 million to L+M Development Partners on June 29, 2020.

Latest Stories:

• Lendlease, L+M pay $60.7M to Union Theological Seminary for development site in Morningside Heights (June 30, 2020)

• Lendlease, L+M borrow $251M from Barings for new construction in Morningside Heights (June 30, 2020)