In a nearly half-billion-dollar deal, Fairfield Properties, owned and led by the Broxmeyer family, acquired a seven-property portfolio with 1,496 units last year, further cementing the firm’s stature as the island’s largest residential landlord. The 40-year-old Melville-based firm closed on the $472.5 million sale of Home Properties, owned by Lone Star Funds, making it by far the largest multifamily transaction on the island last year. “It goes to our business model and strategy,” Gary Broxmeyer,
source https://therealdeal.com/2020/03/31/long-islands-biggest-landlord-gets-even-bigger/
No comments:
Post a Comment