Kislak completes $33M trade for multifamily properties in NJ and PA

Tri-State /
Aug.August 07, 2019 04:50 PM

Ausonia Apartments, 501-505 Raritan Ave., Highland Park

In a 1031 exchange, Kislak Company completed a three-property trade in New Jersey and Pennsylvania for $33.3 million. With 290 total units, the deal includes the 26-unit Ausonia Apartments with two commercial units in Middlesex County; the 104-unit Arbor Grove Apartments in Montgomery County, PA; and the 158-unit property in Bucks County, Pennsylvania. [NJ Biz]


Related Articles

arrow_forward_ios
Charlie Kushner and Laurent Morali with the Pierre Apartments in Hackensack, New Jersey (Credit: Sasha Maslov, Pierre Apartments)

Kushner Cos. buying 1,000-unit suburban apartment portfolio

Kushner Cos. buying 1,000-unit suburban apartment portfolio
AvalonBay sells Fairfield County luxury apartments to Pa. company

AvalonBay sells Fairfield County luxury apartments to Pa. company

AvalonBay sells Fairfield County luxury apartments to Pa. company
400-unit apartment complex could replace industrial building in Hicksville

400-unit apartment complex could replace industrial building in Hicksville

400-unit apartment complex could replace industrial building in Hicksville
OneWall Partners CEO Andy Wallace (Credit: OneWall, iStock)

Connecticut firm launches workforce housing fund targeting tri-state area

Connecticut firm launches workforce housing fund targeting tri-state area
Roseland-based Munrick Property Group pens 1k apartment unit disposition - provided by CBRE

Who needs New York? Garden State multifamily portfolio trades for $146M

Who needs New York? Garden State multifamily portfolio trades for $146M
Kyle Barisich (iStock)

Break a leg: Broadway actor turns Hamptons broker

Break a leg: Broadway actor turns Hamptons broker
238 Main Street in Sag Harbor (Photo via Corcoran)

Historic Sag Harbor estate sells for half its original asking

Historic Sag Harbor estate sells for half its original asking
35 Schoolhouse Road and Fran and Barry Weissler (Photos via Realtor and Getty)

“Chicago” producers’ estate hits market in hidden hamlet

“Chicago” producers’ estate hits market in hidden hamlet
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...