RealtyMogul.com, one of the leading online marketplaces for real estate investing, today announced that it closed an $860,000 equity investment in a 23-unit multifamily property in Plainfield, New Jersey – located just 25 miles outside of New York City. The sponsor for the acquisition is Clairmont Group LLC, a New York based diversified real estate company that is engaged in...
BOSTON-- Berkshire Group announced an affiliate of the company purchased a 264-unit Class A property in Fort Lauderdale, Florida, from The Related Group. Specific financial terms of the transactions were not disclosed. The property, which will be renamed Berkshire Lauderdale by the Sea, will be managed by Berkshire Communities, the property management subsidiary of Berkshire Group. “The purchase of Berkshire...
MORGAN, a leader in upscale multifamily development, construction and property management, has sold its 331-unit The Edge at Flagler Village multifamily property in Fort Lauderdale to an institutional investor. This midrise apartment building is located in the heart of Fort Lauderdale’s urban core. MORGAN completed construction on The Edge in January 2015. “Downtown and Flagler Village are merging into a...
Signal Holdings, LLC, parent company of Signal Restoration Services, headquartered in Troy, Michigan and specializing in large commercial and industrial restoration projects throughout the United States, has acquired Sentinel Group, LLC, a highly-regarded property restoration firm, based in Ardsley, New York , serving the Tri-State region. “I have known Sentinel owner John Lonergan for almost a decade and have always...
