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Slate closes on $106M multifamily building near Union Square

Slate Property Group is still bullish on the multifamily market. Slate has acquired a 133-unit multifamily rental building near Union Square with Boston-based real estate investment manager Alcion Ventures in an off-market deal for $ 106.5 million, The Real Deal has learned. The investment and development company paid the seller Heller Realty to acquire the fee interest, terminating the prior ground lease on the property. “Slate is very excited to add another prominent property to our […]

The Real Deal New York

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