American Strategic Investment Agrees To Sell Property It Owns At 421 W. 54Th Street (Hit Factory) For $4.5M
Portfolio Pulse from Benzinga Newsdesk
American Strategic Investment has agreed to sell its property at 421 W. 54th Street (Hit Factory) for $4.5M. The net proceeds from the sale will be available for general corporate purposes.
August 17, 2023 | 10:08 am
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American Strategic Investment is selling a property for $4.5M, which will increase its liquidity and can be used for general corporate purposes.
The sale of the property will provide American Strategic Investment with additional funds that can be used for various corporate purposes. This could potentially strengthen the company's financial position in the short term.
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