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ACORE Claims Keys to Would-be Life Sciences Facility in Hell’s Kitchen

The lender behind Georgetown Company and Beacon Capital Partners’ planned life sciences facility at 707 11th Avenue and 615 West 50th Street in Hell’s Kitchen has reclaimed the keys. ACORE Capital rec

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Summary

The lender behind Georgetown Company and Beacon Capital Partners’ planned life sciences facility at 707 11th Avenue and 615 West 50th Street in Hell’s Kitchen has reclaimed the keys.

ACORE Capital received the unconverted office properties through a deed in lieu of foreclosure valued at $60 million, according to city records filed Wednesday.

ACORE’s Jason […]

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