Mortgage banker touts $52 million loan for Bayshore multifamily deal

A commercial mortgage banking and investment sales firm has announced nearly $52 million in financing for the recent sale of a garden apartment complex in Monmouth County.

KRE Group, Verde Capital complete second garden apartment deal

Kushner Real Estate Group and Verde Capital are set to reposition a 304-unit apartment complex in Monmouth County after acquiring the property last month for $56 million, the partnership’s second recent multifamily acquisition.

KRE Group acquires 304-unit Bayshore rental complex, Gebroe-Hammer says

Kushner Real Estate Group has purchased a 304-unit apartment complex in Monmouth County, in a $56 million transaction announced Thursday by Gebroe-Hammer Associates.