Stonehenge Management LLC acquired 196-unit building at 408 East 92nd Street from UBS Group AG (SWX:UBSG) for approximately $120 million on January 23, 2023. The transaction works out to roughly $587,000 per unit. An Eastdil Secured team including Gary Phillips and Will Silverman brokered the deal. Stonehenge is in the market for acquisition financing.
Stonehenge Management LLC completed the acquisition of 196-unit building at 408 East 92nd Street from UBS Group AG (SWX:UBSG) on January 23, 2023.