Cammeby’s International has paid $161.5 million, or $397,783/unit, for the 406-unit Avalon Wesmont Station apartment property in the northern New Jersey town of Wood Ridge, N.J. The New York investor acquired it from AvalonBay Communities of Arlington, Va., and has renamed it Volair Wesmont. The property, at 100 Rosie Square, a few blocks from a […]

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