Meadow, Davean pick up 12 apartment properties for $77M – Robert Khodadadian

Carlyle isn’t the only institutional player buying apartment buildings individually in New York City. Meadow Partners and Davean Holdings have acquired 12 free-market, multifamily properties in Brooklyn and Manhattan in the past six months, spending $77.2 million in all. The joint venture secured a $59.6 million loan from Fortress Investment Group for the acquisitions, according to a spokesperson for the debt broker, Walker & Dunlop. Last year they went on a similar spree, acquiring 12

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, Carlyle, meadow partners, Multifamily, New York The Real Deal New York Read More

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