Prana buys five-building Bronx portfolio for $36M

Prana Investments sunk its teeth into a five-building West Bronx multifamily portfolio for $35.8 million, or about $184 per square foot, sources told The Real Deal. The portfolio consists of three five-story walk-ups and two six-story elevator buildings, largely concentrated in the Fordham neighborhoods. The buildings have a total of 214 apartments and span about […]

Prana buys three Washington Heights rentals from A&E for $45M

UPDATED, June 15, 4:29 p.m.: Prana Investments bought three Washington Heights multifamily buildings from A&E Real Estate for $45.5 million, according to public records filed with the city Wednesday. The buildings at 30 Sickles Street, 37 Sickles Street and 95 Thayer Street include 195 apartments. The sales price is a significant markup over what A&E paid for […]