Dalan Management recaps Midtown South office buildings in $54M deal

Dalan Management recapitalized a pair of Midtown South office buildings in a deal that values the properties at more than $54 million. Boston-based Marcus Partners paid $54.5 million to buy the adjacent 11-story buildings at 10-12 East 33rd Street from Dalan Management, a spokesperson for the buyer told The Real Deal. Following the sale, Dalan retains a minority stake in the buildings with an undisclosed equity investment in the joint venture with Marcus Partners. Marcus […]

source https://therealdeal.com/2018/08/13/dalan-management-recaps-midtown-south-office-buildings-in-54m-deal/