K5 Equities scoops up Ahron Rudich’s Stamford multifamily buildings
K5 Equities added two Stamford apartment complexes to its portfolio in a $57.2 million deal. The White Plains-based private equity real estate firm acquired Daycroft Apartments and Hamilton Gardens from Brooklyn’s Hamilton Daycroft LLC, according to Westfair Communications. The firm paid $33.2 million for Daycroft and $24 million for Hamilton Gardens, both of which were appraised last year below the sale prices. The deal for the combined properties breaks down to $304,000 per unit. The seller behind the shell company is Ahron Rudich, principal of Empire Realty USA, according to the Hartford Business Journal. Rudich faced pressure from residents to […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Can You Break a Lease if You Buy a House?

What Are the VA’s Minimum Property Requirements (MPRs) When
Buying a Home?

What To Know About Selling a Haunted House

30 Smart Ways to Market Your Airbnb Online (Without Paying
For Ads)

Worldwide Plaza surprise: Gary Barnett lined up to take
over  

We Buy Houses Jonesboro, GA: Top 5 Companies

“Stalemate” at Casa Blanca: Founders, investors trade
lawsuits over commissions, spending

Flatiron residents sue over trendy coffee shop
relocation

Debt backing Brookfield’s piece of NYT Building hits special
servicing

Bill Cosby barely needed discount to sell UES
townhouse 


