Find Real Estate Agents and Homes for Sale


Real Estate News --> New Jersey News

Carmel Partners buys New Jersey apartment complex


Carmel Partners has acqired Plainsboro, New Jersey-based Hunters Glen, an 896-unit garden apartment complex. No financial terms were disclosed. San Francisco, February 1, 2018 – Carmel Partners (“Carmel”), a leading real estate investment manager and ...


Archived Story

Carmel Partners has acqired Plainsboro, New Jersey-based Hunters Glen, an 896-unit garden apartment complexNo financial terms were disclosed. PRESS RELEASE San Francisco, February 1, 2018 – Carmel Partners (“Carmel”), a leading real estate investment manager and multifamily specialist, today announced it has acquired Hunters Glen, an 896-unit garden apartment complex, well-located in the community of Plainsboro, New JerseyThe acquisition represents Carmel’s first investment in New Jersey and a continuation of its East Coast expansionTerms of the transaction were not disclosed. Hunters Glen, built in 1978, is a multifamily residential apartment property located at 1109 Hunters Glen DriveThe complex, situated in a park-like setting with mature trees, consists of 61 two-story wood frame buildings covering a 52.7-acre site in Plainsboro TownshipThe property offers a mix of well-sized one-bedroom, two-bedroom/one-bath and two-bedroom/two-bath unitsIt is located three miles from Route 1, the main employment corridor within the area, five miles from Princeton University, and within a few miles of a major medical centerPlainsboro, in central New Jersey, is equidistant from both New York City and Philadelphia. Carmel plans to reposition the property, updating interiors, renovating the exterior and improving amenities, which include three resort-style pools, recently installed grills, and access to adjacent public ball fields and courts, playgrounds, walking trails and a golf course.

Trending New Jersey News:


  • R.J. Brunelli & Co. Announces Leases for Dollar Tree, Royal Farms and Others Throughout New Jersey
  • Move to New Jersey's Madison Crossing in Old Bridge, for the Freedom to Choose from a Variety of Home Types and Soft ...
  • Lawrenceville, NJ Real Estate: Newly Listed Homes for Sale
  • Oscar Health Insurance latest to withdraw from Obamacare coverage in N.J.
  • Hasbrouck Heights, NJ Real Estate: Foreclosures
  • NJ investment manager charged with stealing $5.3 million in wire fraud scheme
  • 30+ developments transforming New Jersey's Hudson River waterfront
  • The gorgeous hotshot behind Instagram’s best real estate porn
  • Lawmakers hope to bury 'death tax' in New Jersey
  • ULI NJ Gets a Sneak Peek of Super Bowl 2014
  • Real Estate reportedly fired guitarist Matt Mondanile after “allegations of unacceptable treatment of women”
  • Frank D. Isoldi Ranks As Top Real Estate Agent In Westfield For 2016
  • Weichert, Realtors cites sales in Jersey City, Bayonne | Business Notes
  • SpaceX headquarters in Hawthorne acquired by New Jersey investors
  • New Parsippany police chief sworn in
  • Berkeley Heights attorney, Dennis M. Toft, listed among top real estate attornies
  • Holiday Season Presents Local Real Estate Bargains
  • NJ office park purchased for $35 million
  • Christie's to market properties in Sussex, Warren
  • Oakhurst, NJ Homes For Sale & Real Estate