370 Lexington Avenue Acquired by KSR Capital | Real Estate Services M&A Deal

KSR Capital has completed the acquisition of 370 Lexington Avenue, a real estate services other business in New York, for $138M. KSR Capital acquisitions focus on managing and operating commercial real estate assets tied to Midtown Manhattan office space at 370 Lexington Avenue. The recapitalisation acquisition supports NY acquisitions and real estate services M&A activity by repositioning the property’s capital structure. As a private equity acquisition, the $138 million recap closed as a recapitalisation acquisition deal, with Broad Street Development involved as the seller.