There’s another sign of life in the city’s multifamily market. Madison International Realty and Urban American Management have recapitalized a portfolio of 1,400 residential units in a $275 million deal, according to a release. The apartments span 15 buildings in New York City and Westchester. While Madison did not disclose the addresses, at least $76.8 million in sales have appeared in city property records. The filings show that Urban America sold Madison 25-21 31st Avenue
source https://therealdeal.com/2020/01/06/madison-international-realty-recaps-multifamily-portfolio-in-275m-deal/
No comments:
Post a Comment