A New York-based multifamily investment firm snagged a pair of Long Island apartment complexes at a slight discount off their previous prices. Castle Lanterra, based in Suffern, purchased apartment complexes in Hempstead and West Hempstead for a combined $138 million, according to Long Island Business News. UBS Realty Investors sold the properties, both of which were developed by Mill Creek Residential. One of the assets is a 166-unit complex at 303 Main Street in Hempstead. The post Castle Lanterra buys Long Island apartment complexes for $138M appeared first on The Real Deal New York.