Urban American | Observer

By Daniel Geiger 2/23/12 1:26pm

Zara Realty Acquires Queens Portfolio

Zara Realty has acquired a five-building portfolio of apartment buildings in Queens for $39 million from the large residential real estate owner Urban American.

Ken Subraj, an executive and principal at Zara, confirmed the deal and said that his company was drawn to the buildings because they are both similar and closely located to the company’s existing holdings. Read More

By John Koblin 9/20/07 2:52pm

City Pension Fund Backs Buyers of Harlem Affordable-Housing Portfolio [UPDATED]

Earlier this year, the private real estate groups Urban American and the City Investment Fund purchased a series of old affordable housing complexes in Harlem and Roosevelt Island for $940 million in the second most expensive real estate portfolio deal in city history. At the time, the purchase looked like another example of old Read More

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Zara Realty Acquires Queens Portfolio

City Pension Fund Backs Buyers of Harlem Affordable-Housing Portfolio [UPDATED]

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