TMG, Northwood Ink $122M Deal For Key Transbay Site

Law360, New York (June 7, 2013, 8:16 PM EDT) -- A joint venture of TMG Partners and Northwood Acquisitions LLC received the go-ahead on Thursday from a California bankruptcy judge to buy the site of a proposed office tower in San Francisco's Transbay District in a complex deal worth about $122 million.

Judge Roger L. Efremsky signed off on a motion to approve a compromise between the feuding former owner of the project, debtor First Street Holdings NV LLC and its various affiliates, and MS Mission Holdings LLC, a joint venture of lender Morgan Stanley and...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.