BELLINGS

Ariel Reps Seller in Bronx Multifamily Portfolio

Ariel Property Advisors arranged the sale of a three-building multifamily portfolio at 2460 Grand Ave. and 636-646 E. 231st St. in the Bronx for $7.5 million. Senior director Sam Schertz, director Daniel Mahfar and investment sales associate Erik Maloney represented the seller.…

Ariel Property Advisors arranged the sale of a three-building multifamily portfolio at 2460 Grand Ave. and 636-646 E. 231st St. in the Bronx for $7.5 million. Senior director Sam Schertz, director Daniel Mahfar and investment sales associate Erik Maloney represented the seller.…

BELLINGS Intelligence Score: 8

Why it matters

This is a routine real estate transaction involving a modest $7.5 million multifamily portfolio sale, representing ordinary business activity with limited market impact or broader credit relevance.

Sources

  • Connect CRE

    Ariel Reps Seller in Bronx Multifamily Portfolio

    Ariel Property Advisors arranged the sale of a three-building multifamily portfolio at 2460 Grand Ave. and 636-646 E. 231st St. in the Bronx for $7.5 million. Senior director Sam Schertz, director Daniel Mahfar and investment sales associate Erik Maloney represented the seller.…