Cornerstone Real Estate Advisors, Inc. acquired The St. Moritz, a 224-unit high-rise apartment building at 100 Daibes Ct. in Edgewater, NJ, from its developer, Daibes Enterprises, for $120.25 million, or about $537,000 per unit, in an all-cash sale.
Cornerstone Real Estate Advisors, Inc. acquired The St. Moritz, a 224-unit high-rise apartment building at 100 Daibes Ct. in Edgewater, NJ, from its developer, Daibes Enterprises, for $120.25 million, or about $537,000 per unit, in an all-cash sale.
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99 Gorge Rd, Edgewater, NJ