$200 Million Sale of Westchester County Multihousing Community Closes with Preferred Equity Provided by Pacific Urban Investors
PALO ALTO, CA - PUI’s Structured Finance Group announced today that it has provided Preferred Equity for the acquisition of Halstead Station, a 24-story, 408-unit luxury, high-rise multi-housing community located at the Metro North train station in New Rochelle, Westchester County, New York. JLL represented the seller, The DSF Group. Kholsa Capital LLC acquired the asset. Built in 2001, Halstead Station features studio, one-, two- and three-bedroom units with open floor plans, large...
Source: multifamilybiz.com