Commercial Observer Sani Group has paid $50.5 million for a portfolio of three apartment properties with 100 units in the West Village and Chelsea sections of Manhattan. The investor acquired the properties from Page Management. Both are based in New York. Avison Young arranged the transaction. Sani paid $26.5 million, or $500,000/unit, for the 53-unit […]

The post 3 Manhattan Apartment Buildings with 100 Units Sell for $50.5Mln appeared first on Commercial Real Estate Direct.