The investor purchased the 480-unit class-A building in partnership with Azure Partners with a $173 million floating-rate loan.

The full-service real estate advisory firm now serves as one of the largest privately-held multifamily brokerage firms in the U.S.

"Be sure to learn from and develop strong mentoring relationships with those around you. In the end, you are only as good as the team you are working on and with," says Bonnie Neuman of Cadwalader, Wickersham & Taft.

Asking rents increased and net absorption hit never-before-seen levels at the end of 2021.