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Fetner, PGIM Buy Student Housing From Columbia for $65M

Fetner Properties and PGIM have closed on a $65 million sale-leaseback deal for 3260 Henry Hudson Parkway in the Bronx’s Riverdale neighborhood, Commercial Observer has learned. Columbia University so

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Fetner Properties and PGIM have closed on a $65 million sale-leaseback deal for 3260 Henry Hudson Parkway in the Bronx’s Riverdale neighborhood, Commercial Observer has learned.

Columbia University sold the 126-unit residential property known as Arbor to PGIM and Hal Fetner’s firm for a total capitalization of $73 million after deeming it was no longer […]

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