Brookdale Hospital

A group of Brooklyn multifamily investors purchased four residential buildings in Brooklyn from the financially pressed Brookdale University Hospital and Medical Center, for $22 million, a broker on the deal said.

The investment group led by major apartment owners David Spira and Robert Wolf closed on the purchase of the apartment buildings, located in Brownsville and East Flatbush, on Friday, said Matthew Bordwin, co-president of GA Keen Realty Advisors. Keen was the exclusive broker for Brookdale, which is being restructured. [more]