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Acquisitions

A&E acquires Stonehenge Village Complex

Signature Bank and Mesa West Capital provided the acquisition financing

122-178 West 97th Street (Credit: Stonehenge)

Douglas Eisenberg’s A&E Real Estate Holdings has acquired the Stonehenge Village Complex in the Upper West Side from Ivanhoe Cambridge, SL Green Realty, and Stonehenge Partners for $287 million, according to TRD.

Dig Deeper: The Stonehenge Village Complex is located at 122-178 West 97th Street (AKA 135 West 96th Street) and sits between Amsterdam and Columbus Avenues. The three properties span 503,511 square feet, and contain 418 apartments.

Financing Details: The buyers financed the acquisition with a $145 million (approximate) fixed-rate loan from Signature Bank and Mesa West Capital.

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