Hawkins Way expands student housing bet with UWS buy
A West Coast real estate investor is increasingly paving the way for student housing deals on the other side of the country. Hawkins Way Capital acquired the student housing property at 117 West 70th Street on the Upper West Side of Manhattan for $80 million, the Commercial Observer reported. The seller of the Stratford Residence Hall was the AMDA College of the Performing Arts. Public databases put the property’s unit count at 382. That would mean a breakdown price of more than $209,000 per unit. AMDA acquired the 10-story property in 1996 for an undisclosed price. The main campus for […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
The Hidden Reasons Buying Art Feels So Complicated
Deal Diary: How Deandra McDonald Went From Lender Rejections
to 10+ Unit Multifamily Properties
Should You Offer a Concession to Get Your Apartment Leased
Faster?
PolicyPro: Council bill would shield “harassed” properties
from 311 complaints, progressives push commercial rent
control
Haruvi family company files for bankruptcy, affecting nearly
500 apartments
Should You Pay for Your Buyer’s Closing Costs? What Sellers
Need To Know.
Zeckendorf, Atlas Capital’s 80 Clarkson inks $80M
contract
One High Line snags contract for penthouse asking
$27M
Inside Mark Nussbaum, Riverside’s alleged fraudulent flip
business
