$230 Million Sale of 100-104 Fifth Avenue
Represented a joint venture between Invesco and the Kaufman Organization in the 2010 acquisition of the 277,412 sq ft. office condominium unit of 100-104 Fifth Avenue, New York from the bankruptcy estate of Rock US Holdings for $93.5 million including the acquisition loan and a construction loan for improvements; the resolution of various operating issues after acquisition; and the 2013 sale of the property to Clarion for $230 million.