VAM: Developer sells 158-unit Belleville rental property in $56 million deal with family office

The developer of a newly built, 158-unit apartment building in Belleville has reaped $55.5 million from its sale of the property, in a deal arranged by Veerman Asset Management.

CBRE: Investor snags $36 million permanent loan after buying new Belleville rental property

The new owner of a 158-unit luxury apartment building in Belleville has closed on $35.5 million in permanent financing for the asset, brokers with CBRE announced Monday.