E&M Management Sells New York State Apartment Portfolio
Share via Shortlink 305 Hurley Avenue in Kingston with E&M’s Daniel Goldstein and Irving Langer (Photos via Google Maps; E&M) E&M Management, once one of New York City’s largest landlords of rent-regulated apartments, is selling its massive Hudson Valley portfolio for more than $100 million. A partnership of multifamily firm Aker and investment firm Pearlmark closed on four of the firm’s properties for $81 million, which is $26 million more than E&M purchased them for, sources told The Real Deal. The buyers raised $21.8 million on the commercial real estate crowdfunding platfor...
Source: therealdeal.com