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Midtown West Rental Property Trades for $243.5M

Summary by Citybiz
JLL Capital Markets arranges sale of Riverbank high-rise for Barings and financing for buyer  JLL announced today it has closed on the $243.5 million sale of Riverbank, a 44-story recently renovated rental property located at 560 West 43rd St. in Manhattan’s Midtown West submarket. JLL represented the seller, Barings, one of the world’s largest diversified real estate investment managers, and procured the buyer, an institutional investor. JLL al…
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Midtown West Rental Property Trades for $243.5M

JLL Capital Markets arranges sale of Riverbank high-rise for Barings and financing for buyer  JLL announced today it has closed on the $243.5 million sale of Riverbank, a 44-story recently renovated rental property located at 560 West 43rd St. in Manhattan’s Midtown West submarket. JLL represented the seller, Barings, one of the world’s largest diversified real estate investment managers, and procured the buyer, an institutional investor. JLL al…

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citybiz broke the news in on Friday, July 25, 2025.
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