Camber Property Group, Belveron Partners & NYC HPD Acquire Multifamily Portfolio In Bronx For $75M

A multifamily property located at 1892-94 Arthur Avenue, 1898, 1899, 1900 and 1908 Belmont Avenue, 2082, 2083, 2088 and 2090 Mohegan Avenue, & 2095 Honeywell Avenue in the Bronx has been sold. The property was transacted on 01/02/2018 for a total price of $75,000,000. The sale was facilitated by Aaron Jungreis of Rosewood Realty Group.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $75,000,000
• Seller: Black Spruce Management
• Buyer: Camber Property Group, Belveron Partners & NYC HPD

The property, located in the Bronx market, was sold by Black Spruce Management to a consortium consisting of Camber Property Group, Belveron Partners, and NYC HPD. The transaction was facilitated by Aaron Jungreis of Rosewood Realty Group.