2015 Year in Review - Robert Finkelstein

What was your most notable project, deal, transaction or professional achievement in 2015? This year I represented Kamber Management in the $365 million acquisition of Tower 45. After selling two properties, Kamber’s principals, Steve and Peter Levy, desired a 1031 exchange, which offered ABS an opportunity to procure a transaction. Although SL Green’s Tower 45 wasn’t on the market at the time, it was exactly the type of class A property in which Kamber wanted to divest funds. We completed due diligence on the property before it hit the market, allowing Kamber to become the front runner and close within 180 days. Tower 45 upgraded Kamber’s portfolio and elevated the firm’s stature in the industry. This was a win-win situation for both firms and a notable achievement for ABS in this heated real estate market.