The US multifamily real estate value creation fund had its first close in August 2018, exceeded its target size in October, achieved its hard cap and was oversubscribed with the final close in December 2018.

LeFrak Organization sold the Sheepshead Bay mall for $38.25 million.

The American Kennel Club signed a 20-year lease with HJ Kalikow & Company for space in the Midtown East skycraper.

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