Search Results

March 21, 2018  

Dutch Pension Buys 30% Stake in NY Rentals

A Dutch pension-fund manager has acquired a 30% stake in a new Manhattan apartment building, in a deal that valued the luxury property at $650 million.PGGM, the second-largest pension manager in the Netherlands, purchased the interest in the 616-unit building, at 21 West End Avenue, from a joint venture between Carlyle Group of Washington and Greenfield Partners of Westport, Conn. HFF brokered the sale, which closed in the past month.The other...

This article is free to subscribers of Real Estate Alert. If you are a subscriber, please sign in.

If you are not a subscriber, please complete the form below to purchase the article for $19.95.
First Name *
Last Name *
E-mail *
Card Number *
Expiration *
Card Code *
Address *
City *
State/Province *
Zip/Postal Code *

Purchase Article