Australian REIT snags deals for two Brooklyn townhouses asking $6M

by Jake Indursky

The homes made up two of the 22 contracts — 13 condos and nine houses — signed for at least $2 million from July 14 to July 20, according to Compass’ weekly luxury contract report. The 22 contracts had a total asking volume of $71 million. The previous week saw 18 contracts signed for a total volume of $64 million.  Both homes appeared to be part of US Masters Residential Property Fund, according to public records, the largest real estate investment trust listed in Australia.  The trust owned 72 properties valued at over $200 million in the New York metropolitan […]This article originally appeared on The Real Deal. Click here to read the full story.
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