Investment Sales
September 18, 2011
Over the past several years, Carlton has sold numerous high profile properties, primarily in and around the New York metropolitan area. Carlton has successfully brokered the sale of office buildings, hotel properties, industrial portfolios, apartment complexes, and other property types, often on behalf of existing clients for whom Carlton has performed other services.
Carlton’s Investment Sales business is highly synergistic with Carlton’s existing equity and debt placement businesses. We have a well-established knowledge of and network of relationships with national property owners and operators, real estate investment trusts, opportunity funds, overseas investors, corporations, high net worth individuals, family endowments, and other investors.
Carlton has transacted in excess of $1 billion in investment sales transactions, including the following:
Representative Investment Sales Transactions:
| $387.5 Million Advisory Sale – Four Major New York PropertiesThis portfolio included the two million square foot 111 Eighth Avenue, and was one of the largest portfolio sales of 1998. | |
| $132 Million – Gotham Hospitality Portfolio – New York, NYCarlton acted as exclusive sale advisor to the Gotham Hospitality Group in the $132 million sale of these six Manhattan boutique hotels comprising 656 keys. Credit Suisse was the purchaser. | |
 $96 Million – The Barbizon Hotel – New York, NYAs exclusive advisor to Ian Schrager Hotels and NorthStar Capital Investment Corp, Carlton closed the $96 million sale of this 306-key luxury hotel and spa located on East 63rd street in Midtown Manhattan. |
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| $43 Million – Residential Portfolio – Bronx, NYCarton exclusively represented Emmes Asset Management in the $43 million sale of this 1,000 unit residential portfolio located in the Bronx, New York. | |
| $35 Million – Downtown Athletic Club – New York, NY | |
| $27 Million – 150 Nassau Street – New York, NYCarlton exclusively represented its client on the $27 million sale of this 200,000 square foot vacant office building located in Downtown Manhattan, New York. |
