• Lincoln, Saber-Hightower, Waterfall acquired a USD 450 million Tri-State mixed-asset portfolio spanning 4 million square feet across NY, NJ, CT.
• Portfolio anchored by iPark 84 in East Fishkill, NY, a 270-acre campus with about 1.8 million square feet built for IBM.
• Business plan targets multifamily renovations, vacancy lease-up, medical office expansion in Norwalk, selective development or monetization of surplus land.
• Transaction used two CMBS assumptions, two balance sheet loans; described as Waterfall’s largest real estate acquisition to date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lincoln Property Company published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.