KABR Group has paid $49.6 million, or $359,420/unit, for the 138-unit 19 East apartment property in Bayonne, N.J., roughly 10 miles from lower Manhattan. The Ridgefield Park, N.J., investor bought the property, at 19 East 19th St., from a venture of Ingerman Group of Newark, N.J., and Verde Capital of Conshohocken, Pa. It funded its […]
The post Apartments in Bayonne, N.J., Sell for $49.6Mln; Bank Lends $35Mln Bank appeared first on Commercial Real Estate Direct.
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