All Year Management’s massive $346 million multifamily portfolio sale appears to have fallen victim to the economic fallout of coronavirus, as financing tightens and tenants struggle to pay rent. An agreement to sell the portfolio, which covers 73 multifamily buildings in Brooklyn and one in Queens, was announced by Yoel Goldman’s firm two months ago on the Tel Aviv Stock Exchange. The deal was expected to generate about $59 million in positive cash flow for
source https://therealdeal.com/2020/05/06/all-years-346m-multifamily-portfolio-sale-to-david-werner-falls-apart/
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