June 16, 2016
A&E Real Estate, the multifamily investment firm led by Douglas Eisenberg, shelled out $72.1 million, or $375 a foot, to buy the La Mesa Verde Apartments complex in Jackson Heights, city records show.
The complex, holds 324 apartments across six buildings connected by open-air bridges and spans 192,000 square feet. The price represents a cap rate of 4 percent.
The seller was BRG Management, led by Daniel Benedict.
BRG bought the fully rent-stabilized complex for $23.5 million in 2005.
...Rising demand from physicians and specialists has driven the medical office vacancy rate to a record low, according to an industry report published...
Medical offices transforming southwestern Connecticut landscape
March 16, 2018
A&E Real Estate, the multifamily investment firm led by Douglas Eisenberg, shelled out $72.1 million, or $375 a foot, to buy the La Mesa Verde Apartme...
BRG sells Jackson Heights rental complex for $72M
The joint venture between U.S. property management company Coastline Management Group and its counterpart Benedict Realty Group has acquired Kensingto...
U.S. COASTLINE MGT, BENEDICT REALTY ACQUIRE $15.3 MLN KENSINGTON COTTAGES
September 3, 2019
Akelius makes $61M Gramercy buy
September 5, 2017
Benedict Realty Group closes $60 million medical office portfolio purchase
January 31, 2017
BRG: MOBs Are The Wave Of The Future
January 3, 2017
BRG invests with solar
September 30, 2016
September 15, 2016
September 2019 (1)
March 2018 (1)
September 2017 (1)
January 2017 (2)
September 2016 (2)
June 2016 (1)