Corner Street, Highpoint nab outer-borough portfolio for $167M – Robert Khodadadian

A pair of real estate investment firms have picked up an array of outer-borough apartment buildings — another indication of strong interest in New York City’s multifamily market despite a rise in borrowing costs. Ross Banon’s Corner Street Capital and Drew Popkin’s Highpoint Property Group acquired the 17-building multifamily portfolio in Brooklyn and Queens from developer Joel Schwartz for $167 million, The Real Deal has learned. The 180-unit portfolio spans 173,000 square feet across Williamsburg,

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, Brooklyn, Corner Street Capital, Highpoint Property Group, Investment Sales, Multifamily Market, Queens The Real Deal New York Read More

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