Partnership Acquires Tribeca Rentals for $32M

Slate Property Group and Avenue Realty Capital (ARC) acquired 45 White St., a seven-story multifamily rental building in Lower Manhattan’s Tribeca neighborhood. The partnership purchased 45 White from Benchmark Real Estate Group for $32 million, with financing by White Oak Real Estate Capital. Comprising 33,500 gross square feet, 45 White features 16 residential units ranging from...