Royalton sources value-add opportunities in many different ways - and capitalizing on distressed debt opportunities is one way that sets Royalton apart.
105 Ralph Avenue is a mixed-use building located in an emerging neighborhood of Bedford-Stuyvesant in Brooklyn. Royalton acquired the property via a bank short sale and converted it to residential apartments targeted to millennials. After leasing the apartments at record highs for the neighborhood, Royalton sold it shortly after stabilization.
105 Ralph Avenue