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The three properties that traded included the 195-unit Regency House at 304 Erial Road in Sicklerville, Camden County; Upper Deerfield Estates (67 units) at 23 McCormick Boulevard in Bridgeton, Cumberland County and Polo Ridge Apartments (64 units) at 1210 North Route 130 in Burlington Township, Burlington County.
Before June 28th, investors were able to reduce tax liability on realized capital gains from 2018 by investing those profits into a qualified Opportunity Zone.
Cushman & Wakefield Senior Housing Capital Markets, which is based in Boston, reports it has arranged $26.5 million of institutional equity capital from a private equity fund for a 203-unit project in Montvale.
As healthcare in the U.S. continues to evolve, interior environments are also being transformed with the ultimate objective to create humanized environments that optimize healing.