Cole Schotz Advises 60 Guilders on $128M Acquisition of Brooklyn's 12 Metrotech

August 9, 2021Attorneys: Leo V. Leyva, Jordan A. Fisch, Christopher J. Caslin, Jennifer L. Horowitz, Jan Alan Lewis, Alan Rubin, Matthew S. Schneid, Drew F. Barone and Samantha B. Epstein
Cole Schotz P.C. represented 12MTC Owner, LLC, a joint venture between a hedge fund and Cole Schotz’s client, real estate private equity firm 60 Guilders, LLC, in connection with the $128 million acquisition of an office condominium at 12 Metrotech Center in Brooklyn, New York.

The approximately 186,000 square foot office condominium unit was sold by Brookfield Property Partners LP. The acquisition was also accompanied by $106 million acquisition financing from Starwood Property Trust, Inc.

The Cole Schotz team was led by member Leo Leyva and included members Jordan Fisch, Chris Caslin, Jennifer Horowitz, Jan Alan Lewis, Alan Rubin, and Matthew Schneid, associates Drew Barone, Samantha Epstein and Rimma Tsvasman along with paralegal Kim McEllen.

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