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 ...
Carmel Partners has acqired Plainsboro, New Jersey-based Hunters Glen, an 896-unit garden apartment complexNo financial terms were disclosed.
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