Solomon Acquires 12 Apartment Properties in Albany Area

ALBANY, NY-The Solomon Organization of Mountainside, NJ has acquired a residential portfolio in the Capital District area that includes 12 properties and more than 2,700 units. The seller was DCG Development Co. of Clifton Park, NY. No purchase price for the transaction was released.

The sales deal involves combinations of updated studios and one and two-bedroom apartments in the following developments: Congress Place in Saratoga Springs; Crestwood in Albany; London Square, Blue Spruce, Park 200, Foxwood, Squire Park, South View, and Twin Lakes in Clifton Park; Vandenburgh Place and Stanton Hill in Troy and Malta Gardens in Malta.