LEG buys 170-unit Long Branch rental property with $122 million equity, debt deal

Lincoln Equities Group has acquired a new 170-unit luxury multifamily property in Long Branch with the help of $121.5 million in equity and financing secured by Walker & Dunlop and as part of an investment sale arranged by Cushman & Wakefield.

KRE, Avenue Realty Capital acquire Union County apartments for $70M

KRE Group and an investment partner have paid $70 million to acquire a 228-unit rental community in Springfield, marking its latest step to grow its value-add multifamily business.