Built in 1986, the property will undergo an improvement plan that includes unit upgrades. Pacific Urban Investors has expanded its multifamily presence in the San Diego market with the acquisition of a 400-unit community.
The company that paid $200 million for Halstead Station in New Rochelle claims that the seller concealed problems with the parking garage that will cost nearly $2.8 million to fix.
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.
Westchester Complex Sold to Khosla Capital, Pacific Urban therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.