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Kings Portfolio Buyers Are Revealed

NEW YORK CITY—The brokers of the deal, which gives the new owners 14 multifamily buildings in Brooklyn and one in Staten Island, also have been announced.

By Rayna Katz | Updated on March 18, 2015

NEW YORK CITY—In the trade of the legendary Kings Portfolio—reported earlier this week—the buyers were principals Peter Rebenwurzel of Coney Realty Group and David Malek of Malek Management. The 15-property rental portfolio was sold by Urban American.

Eastern Consolidated chairman and CEO Peter Hauspurg, principal and executive managing director David Schechtman, principal and senior director Peter Carillo, and director Marion Jones exclusively represented the seller in the transaction. Eastern Consolidated senior managing director and principal Lipa Lieberman represented the buyer. Senior director of financial services Gary Meese served as the analyst in the transaction.

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