Hamilton Lane Acquires Multifamily Portfolio in NYC; Partners With Dalan Real Estate

MT Newswires Live
03-25

Hamilton Lane (HLNE) said Tuesday it has partnered with Dalan Real Estate to acquire a $74 million portfolio of multifamily assets in New York City.

The portfolio is composed of 126 multifamily units and 11,050 square feet of ground-floor retail space in the neighborhoods of the West Village and SoHo, the investment firm said.

Hamilton Lane has acquired an 85% interest in the assets, while Dalan will retain its 15% interest and will continue to operate the buildings.

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