The nearly $165-million debt restructuring puts to rest, according to Madison Realty Capital, litigation between Eichner's Continuum and equity investors in the luxury condo tower at 45 East 22nd St.—Fortress Investment and Dune Real Estate Partners.

Its latest price is an implied $37.80 per LaSalle common share. LaSalle agreed to be acquired by Blackstone for $33.50 per share.

The company had reportedly been conducting an auction for its sale after announcing a strategic review last fall.

The acquisition was funded from proceeds from a 1031 exchange.