A major real estate acquisition has reshaped Midtown’s residential market, as Sabet Group has purchased three apartment buildings in a single transaction for $32.5 million. The deal signals continued investment in the area’s housing sector, though details on future plans for the properties remain undisclosed. Industry observers will watch whether this move accelerates development or signals a shift in ownership strategies. The acquisition underscores the ongoing competition for urban apartment assets amid evolving market conditions.
Sabet Group snags 3 Midtown apartment buildings for $32.5M The Business Journals