Legion Investment nabs $191M construction loan for new Greenwich Village project

Victor Sigoura’s Legion Investment Group closed on a $191.1 million financing package for 11 W. 13th St., an in-the-works development with 34 condo units slated to open next year that’s on the site of a former city office building. 

The package, awarded to Legion and its development partner, Ted Segal’s EJS Group, included a $140.1 million senior mortgage from Bank OZK, a prolific lender to residential projects that formerly operated as Bank of the Ozarks.

A $50 million mezzanine loan from CanAm Enterprises was also included in the package.

Read on at Crain's New York