805 St, Marks Ave -- Purchased by the Swedes

"Akelius, which burst onto the stateside scene last month, has just purchased its fourth property in New York. The Swedish company shelled out $44 million for 805 St. Marks Avenue in Brooklyn on Tuesday. The 200 unit residential building is the company’s second Crown Heights asset.  Aaron Jungreis and Billy Billitzer of Rosewood Realty Group represented both sides in the deal. . .Crown Heights is a strong location with a positive outlook for the future. Its accessibility to Lower Manhattan within 30 minutes by public transport is one of the driving factors for the positive development of the neighborhood. We are therefore proud to have had the opportunity to acquire another property in Crown Heights.”