Schulte Roth Steers Mack Real Estate's $305M NYC Loan

Law360, Minneapolis (March 16, 2017, 4:46 PM EDT) -- Schulte Roth & Zabel LLP represented Mack Real Estate Credit Strategies LP in connection with its $305 million loan to The Lightstone Group for a condo tower project on William Street in Manhattan, according to an announcement from Lightstone and records made public in New York on Thursday.

Records show three loans worth a total of roughly $255 million, although Lightstone said in a recent statement the total financing was worth $305 million.

The financing is for 130 William St., a luxury tower slated to rise...
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