Children’s Investment Fund Closes on US$1.19 Billion Financing for 35 Hudson Yards

8/11/16

Fried Frank acted as counsel to Children’s Investment Fund Management in a US$1,199,500,000 mortgage and mezzanine construction loan to a joint venture including Related Companies and Oxford Properties Group in connection with the construction and development of 35 Hudson Yards, part of the largest private real estate development in United States history. The mixed-use building will include the first-ever Equinox Hotel, luxury residential condominium units, retail space and office space. This is the second building at Hudson Yards financed by The Children’s Investment Fund Management.

The Fried Frank team includes real estate partner Michael J. Barker; real estate special counsel Suzanne deVries Decker; and real estate associates Amanda M. Barner, Ted B. Slevin and Samantha E. Kaufman.