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A&E Pays $220M for UWS Apartment Complex Glenn Gardens

A&E Real Estate Holdings has purchased the Glenn Gardens residential development on the Upper West Side for $220 million, Commercial Observer has learned.

A&E, which is one of the city’s largest multifamily landlords, purchased the two-building, 266-unit residential complex at 175 West 87th Street from a partnership led by Sherwood Guernsey, according to sources familiar with the deal. 208 more words


Citi Provides $60M CMBS Loan for Gorjian’s Acquisition of 192 Lexington Avenue

Gorjian Real Estate Group has landed a $60 million loan for its acquisition of 192 Lexington Avenue, Commercial Observer has learned.

Citigroup provided the 10-year, interest-only commercial mortgage-backed securities loan and… 154 more words