Recent Transactions

Recent Transactions

202 South Second Street

Strategy: Value-Add
Type: Multi Family
Location: New York, NY
Number of Units: 46
Closing Date: September 2013

Prospect Heights Portfolio

Realization Date: December 2016
IRR: 23.0% Equity Multiple: 1.6x
Strategy: Value-Add
Type: Multi Family
Location: Brooklyn, NY
Number of Units: 161
Closing Date: December 2013

The Metropolitan

Realization Date: February 2017
IRR: 21.2% Equity Multiple: 1.5X
Strategy: JV Equity
Type: New Construction
Location: Williamsburg, NY
Number of Units: 28
Closing Date: April 2014

50 Ninth Meatpacking

Strategy: Value-Add
Type: Mixed Use
Location: New York, NY
Number of Units: 82 resi + 6 retail
Closing Date: October 2014

Columbia University Portfolio

Strategy: Value-Add
Type: Multi Family
Location: Morningside Heights, NY
Number of Units: 158
Closing Date: November 2014

321 Starr Street

Strategy: Value-Add
Type: Retail Repositioning
Location: Brooklyn, NY
Closing Date: June 2015

The Jackson

Realization Date: June 2018
IRR: 18.0% Equity Multiple: 1.4X
Strategy: Equity/Debt
Type: New Construction
Location: Long Island City, NY
Number of Units: 56
Closing Date: July 2015

The Dime

Realization Date: August 2018
IRR: 13.3% Equity Multiple: 1.2X
Strategy: Mezzanine Loan
Type: New Construction
Location: Brooklyn, NY
Closing Date: March 2016

Investment Process
Target Properties
Principals