McDermott Will & Schulte advises Hawkins Way Capital in its acquisition of 135 E. 12th St.

Global law firm McDermott Will & Schulte represented Hawkins Way Capital (Hawkins Way), a vertically integrated real estate investment firm with over $3 billion in assets under management, in its acquisition of 135 E. 12th St., a student housing property located in the heart of the East Village’s prime educational district in Manhattan. Hawkins Way partnered with Varde Partners, a leading global investment firm specializing in credit and credit-related assets, on the transaction.

The acquisition marks Hawkins Way’s third FOUND Study acquisition in Manhattan this year, ranked as the largest New York City real estate deal of the week. The property, formerly The New School’s Loeb Hall residence, will be renovated and rebranded under the FOUND Study platform.

The McDermott team was led by Julian Wise with invaluable assistance from Matt Adams and Michael Kenny.

Read Hawkins Way’s press release here.