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    Ambrus Co. sold a 207-unit, three-property apartment portfolio to Lion Real Estate Group. The acquisition was sourced off-market from a Los Angeles-based private investor who developed the assets 40 years ago.

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    PropertyShark compiled the top 5 multifamily sales for June 2017 in New York City.

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  • Manhattan’s Beekman Tower Lands $70M Refi

    Meridian Capital Group arranged the 10-year CMBS loan for the 26-story Art Deco building. The property recently underwent a $24.2 million renovation to reposition it as corporate housing.

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  • Berkadia Closes $12M Hollywood Community Sale

    This is the first time the 72-unit property has traded in more than 40 years. Since most units lacked kitchens, the property was challenging to finance by conventional lenders.

    07 June 2017 11:50
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    Thomas Ryan, who has been with the company since 1999, will be replacing current CEO Jeff Simpson in January 2018.

    12 December 2017 14:52