Private investors have acquired a set of apartment high-rises in East Orange, paying $27.15 million for nearly 250 units in one of the city’s main thoroughfares.
Eastern Union Funding has arranged nearly $28 million in financing for a private buyer to acquire a 641-unit multifamily portfolio in Newark and Irvington, the firm announced.
Five multifamily buildings have new owners after a series of investment sales brokered by The Kislak Co. Inc.
An investment group has acquired a 212-unit, midrise apartment property in Riverdale, in a deal arranged by brokers with HFF.
Experts touted the success of two separate classes in the state’s multifamily sector. One set consists of the high-end, newly built rentals along the Hudson waterfront, while the other includes the older, garden-style apartments that are farther west, but ripe for value-add improvements.
MetLife Investments’ newly completed headquarters attracted a sale price of $95 million, in a recently announced deal that culminated of high-profile redevelopment effort in Hanover.
The owner of a refrigerated warehouse in Jersey City has obtained a $5 million loan to refinance the property, CBRE Group announced Friday.
A private investor has paid $62 million to acquire 100 Plaza Drive in Secaucus, making it the latest property to change hands in the town’s signature Harmon Meadow complex.
An investment sales specialist has found a new home at Marcus & Millichap’s northern New Jersey office, the firm announced Wednesday.
Brokers with The Kislak Co. Inc. in Woodbridge have arranged the $4.25 million sale of two multifamily properties in New York’s Hudson Valley region, the firm announced Tuesday.