Investor pays $150 million for 896-unit Plainsboro apartment complex (UPDATED)

Another real estate investment firm has made its first foray into New Jersey, acquiring a nearly 900-unit garden apartment complex in Plainsboro.

Buyer sought for 896-unit Plainsboro community, HFF says

Another apartment community has hit the market in Plainsboro, an affluent suburb where investors have shown an appetite for value-add opportunities at garden-style properties.