Monday, December 2, 2013

PRESS RELEASE: PCCP, LLC and 1754 Properties LLC Form Joint Venture to Acquire the Historic La Posada Hotel in Santa Fe, New Mexico


National Real Estate Investor

PRESS RELEASE: PCCP, LLC and 1754 Properties LLC Form Joint Venture to Acquire the Historic La Posada Hotel in Santa Fe, New Mexico


PCCP, LLC announced today it has formed a joint venture with 1754 Properties LLC to acquire La Posada de Santa Fe Resort and Spa in downtown Santa Fe, New Mexico. The 158-room La Posada hotel was an REO acquisition from Ektornet.



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PRESS RELEASE: Cushman & Wakefield Reps Ownership In $400M Sale Of Ground Lessor's Position At 625 Madison Avenue To Ashkenazy Acquisitions Corporation


Cushman & Wakefield announced today that it represented 625 Ground Lessor LLC in the $400 million sale of the ground lessor's position at 625 Madison Avenue, a prime location in the heart of Manhattan's prestigious Plaza District, to Ashkenazy Acquisition Corporation.



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PRESS RELEASE: Ariel Property Advisors Sells Two Multifamily Buildings for $15 Million


Ariel Property Advisors has announced the sale of two adjoining multifamily properties at 556-562 West 126th Street, steps from Columbia University's new 17-acre Manhattanville campus. The buildings sold for $15 million, which translates to $384,615 per unit.

The sales team of Shimon Shkury, Victor Sozio, Michael A. Tortorici, and Jesse Deutch represented the seller and procured the buyer, both real estate investors. 



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