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.

Developer launches leasing at 170-unit upscale rental property in Long Branch

Leasing is underway at a new 170-unit luxury apartment property in Long Branch, in a new addition to the city’s fast-growing stock of upscale housing along its coastline.