Real Estate
A Japanese investment firm with an appetite for American apartments has teamed up with a local partner on its first stateside multifamily deal. Tokyo Trust Capital and New York-based MC Real Estate Partners jointly acquired the View on Nob Hill Apartments, a 416-unit complex in Elmsford, from Ares Management for $143 million, the firms said last week. The off-market deal marks the first multifamily acquisition in the U.S. for TTC, which manages cross-border investments both The post Tokyo Trust Capital and MCRE buy Westchester apartments for $143M appeared first on The Real Deal New York.