Pebb Capital, TriArch Real Estate, And Collegium Capital Acquire Student Housing Development In Manhattan For $20.3M

A student housing development located at 415 West 120th Street in Manhattan's Morningside Heights neighborhood has been sold for a price of $20,300,000. The property spans a total of 63,639 square feet, equating to a price per square foot of $319. The seller of this asset is The Orbach Group, represented by Meyer Orbach. The buyer is a joint venture consisting of Pebb Capital, TriArch Real Estate Group, and Collegium Capital. Pebb Capital is represented by Todd Rosenberg and Ian Horowitz, TriArch Real Estate Group by Chris DeAngelis, and Todd Benson represents Collegium Capital.

Summary of transaction details:

• Property Type: Student Housing Development
• Transaction Amount: $20,300,000
• Building Square Footage: 63,639 sf
• Price per Square Foot: $319
• Address: 415 West 120th Street
• Market: Manhattan - Morningside Heights

The brokerage firm involved in this transaction is Cushman & Wakefield, with Robert Shapiro, Hall Oster, and Bob Knakal as the representatives.