Brooklyn, NY The Raisner Group (formerly Proteus Capital Management, LLC), a real estate private equity firm, has completed the following:
These properties are located in desirable, brownstone-stock residential areas. Bushwick, Bed Stuy and Prospect Lefferts Gardens have been some of the fastest growing submarkets of New York City and the East Coast.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,