Gould Investors LP completed the sale of a Long Island City, New York property for about $101 million, generating estimated net proceeds of roughly $93 million after debt repayment and closing costs. The company then used a significant portion of those proceeds in a Section 1031 exchange to acquire an $85 million, 310-unit garden-style multifamily property built in 2023 in North Forsyth, Georgia.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gould Investors LP published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603111039PRIMZONEFULLFEED9670102) on March 11, 2026, and is solely responsible for the information contained therein.