KALIKOW, WATERBRIDGE BUY LITTLE ITALY APARTMENT PROPERTY FOR $12.6 MILLION

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NEW YORK CITY — In a joint venture, Kalikow Group and Waterbridge Capital have acquired a 30-unit, three building apartment portfolio at 113-117 Elizabeth St. in Little Italy, for $12.6 million. David Kessler represented Waterbridge internally and Aaron Siegel represented Kalikow internally in the deal. The sellers were 113-117 Realty LLC and Elizabeth Blue LLC. The property, which consists of three-bedroom units, will be managed by Kaled Management.

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