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Transactions - MARCH 20, 2015

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Recent commercial real estate transactions

by Andrea Waitrovich

Below is a sampling of recent property transactions tracked by Real Capital Analytics. The largest transaction involved the serviced apartments in a mixed-use property in New York City.

The Belnord is a 215-unit, 14-story apartment building at 2360 Broadway. Extell Development Co. is selling the apartments to HFZ Capital Group for $575 million, or $2.7 million per unit. Extell is retaining the retail part of the building, totaling 60,514 square feet.

 

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