(To read more on the multifamily market, click here.)
MT. LAUREL, NJ-The San Diego-based Fairfield Residential hasacquired Ramblewood Apartments and Townhouses here, buying the504-unit complex from Pantzer Properties, a Saddle Brook-basedresidential owner and management company. The property is locatednear Exit 4 of the New Jersey Turnpike in the southern part of thestate.
The deal was arranged by brokers from two offices of Cushman& Wakefield, including Joe Verdejo of the firm's Philadelphiaoffice and Andrew Merin of C&W's East Rutherford office. Merinheads C&W's Metropolitan Area Capital Markets Group. The saleprice was not released.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
