Jared Toothman, Clay Duvall, David Binswanger, Marty Berger, And Zachary Liebmann Acquire Mixed-Use Portfolio For $450 Million

A mixed-use portfolio located across New York, New Jersey, and Connecticut was sold for a total price of $450 million. The portfolio comprises over 4 million square feet of commercial, multifamily, and mixed-use assets, with a price per square foot recorded at $113.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $450,000,000
• Square Footage: 4,000,000
• Buyer: Jared Toothman, Clay Duvall, and David Binswanger - Lincoln Property Company; Marty Berger - Saber-Hightower; Zachary Liebmann - Waterfall Asset Management
• Seller: National Resources

The acquisition involved multiple buyers, all representing their respective companies in this significant transaction. Lincoln Property Company, Saber-Hightower, and Waterfall Asset Management coordinated to successfully acquire the four properties from National Resources.