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Blackstone and Fairstead shooting high to sell Caiola buildings

Blackstone and Fairstead shooting high to sell Caiola buildings

Blackstone Group and Fairstead Capital are looking to sell a chunk of the 24-building Caiola portfolio in Manhattan, with asking prices as high as $945 per square foot. The firm recently retained Cushman & Wakefield to market eight Upper East Side rental properties with a total of 219 apartments, according to an offering memorandum obtained by The Real Deal. The average asking price per square foot for six of the buildings is roughly $803. The […]


Source: realdeal

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