WOODBRIDGE, NJ-Locally based Kislak Co., Inc. has inked fourtransactions totaling nearly $4.2 million. Vice president MattWeilheimer was instrumental in closing the transactions on behalfof several large banks and private investors.

The sales include Vincent Apartments, a 17-unit apartmentproperty with one commercial space in Haddon Heights, NJ, whichtraded hands for nearly $1.463 million; a 10,000-square-foot formerPNC Bank branch in Brick, NJ; Roselle Lanes, a 20,000-square-footmixed-use commercial property in Roselle, NJ; and the mortgage andnote on a 74-unit apartment property in Erie County, NY.

“There was real pride of ownership with Vincent Apartmentsproperty,” Weilheimer tells GlobeSt.com. “It was extremelywell-maintained and the seller was very good to the tenants. Recentupgrades at the 100% leased apartment included newer kitchens,bathrooms and an electrical system. “Given the condition of theproperty, there was strong interest among investors,” he says,adding that the firm's clients "want to invest in multifamilyassets." The private purchaser obtained a first mortgage fromSpencer Savings Bank.

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