NEW YORK CITY—GAIA Real Estate recently revealed the closing of the East Village Portfolio, which consists of three contiguous residential buildings, 71 units located in Manhattan's East Village.
According to a prepared release, this is GAIA's first acquisition as part of its New York Metro recovery strategy. GAIA sourced this opportunity off-market and leveraged its reputation as a strong and credible buyer to facilitate an expedited close.
"We are excited to have closed on our first acquisition in NYC since the pandemic. On behalf of our investors, we cannot wait to execute on our business plan," stated Danny Fishman, CEO and Co-Founder, in a prepared statement.
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