Wednesday 5 June 2019

CRE scorecard: New York City investment sales through March 2019

INVESTMENT SALES IN MANHATTAN AND BROOKLYN Manhattan investment sales ended a three-month slide in April with $1.42 billion in deals recorded, a 30 percent increase from March but still 41 percent below the 12-month average. The month’s top sale went to Greystar, the country’s largest apartment manager, which picked up Equity Residential’s 800 Sixth Avenue rental tower for $240 million. Brooklyn’s investment sales market slowed down in April, with recorded deals totaling $496 million — […]



source https://therealdeal.com/issues_articles/new-york-city-investment-sales-through-april-2019/#new_tab

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