08/06/2026
Portfolio Snapshot — White Plains, NY. This 9-unit multifamily building sits on a quiet residential street, a short walk from the heart of downtown. We are grateful to call it part of our portfolio. At the end of the block is the massive White Plains Hospital complex, which is undergoing a significant expansion through the creation of a new, 500,000sf facility. This will add roughly 1,500 employees to the 5,500 already working throughout the hospital system.
After acquiring the property from long-term owners, we immediately began renovating the majority of the units: new kitchen cabinetry, stainless steel appliances, removal of some partitions, bathroom upgrades, etc. The result is an updated multifamily building that attracts young professionals, hospital employees and others seeking middle-income housing.
White Plains itself has a lot to offer: the county's largest concentration of retail, a downtown packed with restaurants, and one of the busiest Metro-North stations on the line, putting Grand Central under 40 minutes away. It's proven to be a market with real staying power, and we're grateful to be part of it.