Acuity Capital Partners, a Chicago-based private investment firm, has bought six buildings as part of a portfolio containing 102 apartments and 21 retail spaces. The sales price was $30 million. The buildings in the portfolio include: 1697-1707 Amsterdam Ave. in Hamilton Heights, 2500-2504 Adam Clayton Powell Blvd. in Harlem and 2090-2092 Amsterdam Ave. in Washington Heights, which is within a few blocks of Columbia Medical Center.“All the properties have tremendous upside in the rents and many of the apartments have preferential rents which the new owners can capitalize on the first few years,” said Peter Vanderpool, the president of Cignature Realty Associates (www.cignaturerealty.com). Th

ACUITY CAPITAL PARTNERS Acuity Capital Partners, a Chicago-based private investment firm, has bought six buildings in Upper Manhattan as part of a portfolio containing 102 apartments and 21 retail spaces. The buildings in the portfolio include: 1697-1707 Amsterdam Avenue in Hamilton Heights, 2500-2504 Adam Clayton Powell Blvd in Harlem and 2090-2092 Amsterdam Avenue in Washington Heights, which is within a few blocks of Columbia Medical Center. “All the properties have tremendous upside in the rents and many of the apartments have preferential rents which the new owners can capitalize on the first few years,” said Peter Vanderpool, the president of Cignature Realty Associates. The entire por

Acuity Capital Partners, a Chicago-based private investment firm, has bought six buildings in Upper Manhattan as part of a portfolio containing 102 apartments and 21 retail spaces. The buildings in the portfolio include: 1697-1707 Amsterdam Avenue in Hamilton Heights, 2500-2504 Adam Clayton Powell Blvd in Harlem and 2090-2092 Amsterdam Avenue in Washington Heights, which is within a few blocks of Columbia Medical Center. “All the properties have tremendous upside in the rents and many of the apartments have preferential rents which the new owners can capitalize on the first few years,” said Peter Vanderpool, the president of Cignature Realty Associates. The entire portfolio sold for 12.88 ti

Chicago-based Acuity Capital Partners has purchased a six-building portfolio in Upper Manhattan for $30 million. The portfolio consists of 102 apartment units and 21 retail spaces. The buildings include 1697-1701 Amsterdam Ave. in Hamilton Heights, 2500-2504 Adam Clayton Powell Blvd. in Harlem and 2090-2093 Amsterdam Ave. in Washington Heights. The portfolio sold for 12.88 times its current rent roll. Peter Vanderpool and Lazer Sternhell of Cignature Realty Associates represented the buyer and seller, a local real estate investor, in the deal.

Acuity Capital Partners, a Chicago-based private investment firm, has bought six buildings in Upper Manhattan as part of a portfolio containing 102 apartments and 21 retail spaces, Commercial Observer has learned. The buildings in the portfolio include 1697-1707 Amsterdam Avenue in Hamilton Heights, 2500-2504 Adam Clayton Powell Jr. Blvd. in Harlem and 2090-2092 Amsterdam Avenue in Washington Heights. Altogether, the portfolio contains 85,120 square feet of space. “All the properties have tremendous upside in the rents and many of the apartments have preferential rents which the new owners can capitalize on the first few years,” said Peter Vanderpool, the president of Cignature Realty Associ

672 Saint Nicholas Avenue 6-story, 48-units Shamah Properties/Peter Vanderpool and Lazer Sternhell, Cignature Realty 672 Saint Nicholas Ave. LP/Peter Vanderpool and Lazer Sternhell, Cignature Realty The property sold for $13.5 million.