Alchemy Ventures Purchases Apartment Portfolio in Brooklyn for $25M

NEW YORK CITY — Alchemy Ventures LLC has acquired a nine-building apartment portfolio in the Bedford-Stuyvesant section of Brooklyn for $25 million. The buildings contain a total of 81 units. New York City-based law firm Schwartz Sladkus Reich Greenberg Atlas LLP represented Alchemy Ventures in the transaction. The seller was IWC General Partners. Pacific Western Bank provided the acquisition financing.