Lincoln, Saber-Hightower and Waterfall Acquire $450M Tri-State Mixed-Asset Portfolio
Waterfall Asset Management, the external manager of Ready Capital Corporation, partnered with Lincoln Property Company and Saber-Hightower to acquire a $450 million Tri-State portfolio spanning 4 million square feet across New York, New Jersey, and Connecticut. The portfolio is headlined by iPark 84, a 270-acre business park with 1.8 million square feet, and includes mixed-use assets in Edgewater and Norwalk.
Key figures
- Deal Value Usd
- 450000000
- Acres
- 300
- Waterfall aum
- 12100000000
- Portfolio sq ft
- 4000000
AI analysis
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