19 W. 44th St. Acquired by Olmstead | Real Estate Services M&A Deal

Olmstead has completed the acquisition of 19 W. 44th St., a real estate services other business in New York, for $91 million. Olmstead acquires 19 W. 44th St. as part of its real estate services M&A strategy focused on Midtown Manhattan office repositioning. The property at 19 W. 44th St. supports Olmstead acquisitions by enabling operational upgrades and value creation in a 1916-vintage building. Olmstead acquisitions are structured as an add on acquisition, fitting private equity acquisition priorities for NY acquisitions. The real estate services deals NY are announced and sized as an undisclosed transaction amount, with deal terms not fully disclosed.