Invel Capital buys 70-unit West Orange rental building in $41 million deal by JLL

A joint venture led by Invel Capital has acquired a 70-unit luxury apartment building in West Orange for nearly $41 million, in a transaction arranged and financed by JLL.

Invel Capital buys 111-unit Waldwick rental property for $39 million

Invel Capital has acquired a 111-unit multifamily property in Waldwick for $39 million, adding an asset that was built less than a decade ago and is steps from NJ Transit rail service.

Investment firm buys new South Orange apartment building for $9.3 million

A privately held firm has added to its portfolio with the purchase of a recently developed, 22-unit apartment building in downtown South Orange.