A 465-unit multifamily complex in North Jersey has sold for $151 million, representing one of the biggest apartment deals in the market this year as higher interest rates have curbed investment.
North Jersey Apartment Complex Sale Is Market’s Biggest Since Interest Rates Rose, Cushman Says
Market Has Experienced Dramatic Slowdown in Investment
By Linda Moss
CoStar NewsJune 21, 2023 | 5:03 P.M.
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IN THIS ARTICLE
- Properties
- Mountain View Crossing
650 State Route 23, Wayne, NJ
- Companies
- Greystone & Co., Inc.
Finance and Insurance