David Schwartz's Waterton Acquires 502-Unit Multifamily Community In White Plains For $195M
15 Bank Street
MultiFamily
Sold 84 days ago
+ 3
Summary
Waterton has purchased the 502-unit multifamily community, 15 Bank, located in White Plains, N.Y., from Heitman for a total amount of $195 million. The transaction was facilitated with the assistance of CBRE.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $195,000,000
- Address: 15 Bank Street, White Plains
- Market: White Plains
- Buyer: David Schwartz - Waterton
- Seller: Maury R. Tognarelli - Heitman
- Brokers: Daniel Blumenkrantz, Eric Apfel, Jeffrey Dunne, Stuart MacKenzie, and Travis Langer - CBRE
- Units: 502
- Price per Unit (PPU): $388,446
This transaction marks the acquisition of the 502-unit multifamily community, 15 Bank, by David Schwartz - Waterton. The property is located in White Plains, N.Y. and was sold by Maury R. Tognarelli - Heitman. The deal was facilitated by Daniel Blumenkrantz, Eric Apfel, Jeffrey Dunne, Stuart MacKenzie, and Travis Langer - CBRE. The total sale price for the property amounted to $195 million.
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15 Bank Street
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