Ballard Spahr helps with $ 235 million Manhattan home loan

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Law360 (Aug 11, 2021, 6:01 p.m. EDT) – A Greystone unit has provided $ 235 million in financing to a Silverstein Properties entity for a 40-story residential property in Manhattan, and Ballard Spahr assisted Greystone in this matter, according to records released in New York on Wednesday.

The loan from Greystone Servicing Co. LLC is for 1 River Place, which is located in Hell’s Kitchen, half a block east of 12th Avenue between West 41st and 42nd Streets.

A mortgage document filed in New York on Wednesday indicates that Siobhan O’Donnell, partner and co-head of Ballard Spahr LLP’s real estate finance group, worked on the deal. O’Donnell told Law360 …

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