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Orbach Grp Closes on $70M Multifamily Portfolio

Owner / Developer Expands in East Coast with Manhattan, Philadelphia Apartment Buildings
By Justin Sumner
CoStar News
November 13, 2012 | 4:33 P.M.

The Orbach Group, a leading owner, developer and manager of multifamily properties along the East Coast, has expanded its holdings with the acquisition of two portfolios located in New York City and Pennsylvania. These newest acquisitions total 635 rental units purchased for an aggregate $70 million, averaging about $110,000 per door.

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