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Greyhill Group Buys Altamont MF Property for $23M 

Greyhill Group, a New York-based commercial real estate investment company, has purchased Mill Hollow Apartments, an 84-unit multifamily property in Altamont, NY, for $22.5 million.  

Located at 48 Bavarian Wy near Albany, the Class-A apartment complex was constructed in 2016. Mill Hollow Apartments features amenities including a heated pool, a gym, a movie theater, a lake, gas range grills, and granite countertops.

With this acquisition, Greyhill now owns and manages over 600 units of multifamily properties and 1.3 million square feet of industrial warehouse space. This marks the company’s third acquisition in the past two months, following the purchase of The Bleu in New Britain, Connecticut, and 380 Horace Street, an industrial warehouse in Bridgeport, Connecticut.  

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.