Investor buys 10-building, 324-unit rental portfolio, in $50 million Elizabeth deal

A private investor has purchased a 324-unit apartment portfolio in Elizabeth as part of a newly completed, $50 million transaction, brokers with The Kislak Co. Inc. announced.

Gebroe-Hammer: 106-unit rental property fetches $10.5M

An investor has acquired three apartment properties in Elizabeth as part of a $10.5 million portfolio sale arranged by Gebroe-Hammer Associates, the brokerage firm said Monday.