Hudson Atlantic closes $14.7 million sale of 26-unit Madison apartment building
A distinctive 26-unit apartment building in downtown Madison has traded for $14.7 million, brokers with Hudson Atlantic Realty announced Wednesday.
https://re-nj.com/hudson-atlantic-closes-14-7-million-sale-of-26-unit-madison-apartment-building/
Hudson Atlantic Realty finishes 2022 strong with $293M+ in closed deals in its 1st year
Hudson Atlantic Realty said 2022 was a huge success, as the brokerage closed more than $293 million in deals. The year included 1,300-plus apartments in 18 separate transactions — Hudson Atlantic established itself as a force in the commercial real estate market.
The Interview Issue: Christopher Otteau, managing partner and chief appraiser, the Otteau Group
Christopher Otteau remembers the early years — how the upstairs of the office of the Otteau Group sometimes doubled as a playroom.
Levin Makes Case For Rutgers Plaza Apartment Building, Residents Not Convinced
"If the board and the town do not get proactive about a proposal like this here today, in the next...5 years or 10 years, you're going to be hearing a proposal for the whole center," Christopher Otteau of the Otteau Group, said. "The idea that this is going to remain a retail and remain successful…it's just not gonna happen."
Hudson Atlantic’s Latest Apartment Sales Total $17.25M
Over the past couple of weeks, Hudson Atlantic Realty announced the sales of two apartment complexes for a cumulative $17.25 million.
https://njbiz.com/hudson-atlantics-latest-apartment-sales-total-17-25m/
Hudson Atlantic inks sale of 14-unit Sussex apartment building for $2.6 million
An investor has purchased a 14-unit garden apartment property in Sussex County for $2.6 million, under a deal arranged by Hudson Atlantic Realty.
https://re-nj.com/hudson-atlantic-inks-sale-of-14-unit-sussex-apartment-building-for-2-6-million/
Hudson Atlantic inks sale of 14-unit Sussex apartment building for $2.6 million
An investor has purchased a 14-unit garden apartment property in Sussex County for $2.6 million, under a deal arranged by Hudson Atlantic Realty.
Located in Hamburg, the building known as King Cole Apartments benefits from its access to highways and nearby employment centers, according to the brokerage team. The firm added that the all-brick property was built in the 1950s and has spacious kitchens and basements with washer and dryer hook-ups and storage space.
https://re-nj.com/hudson-atlantic-inks-sale-of-14-unit-sussex-apartment-building-for-2-6-million/
Hudson Atlantic Realty closes sales of Riverside Garden apartments in Cranford for $14.65M
Hudson Atlantic Realty on Thursday announced its latest deal, the $14.65 million sale of a 46-unit apartment property in Cranford.
Investor buys 46-unit Cranford apartment complex for $14.7 million, Hudson Atlantic says
Hudson Atlantic Realty has brokered the trade of a 46-unit garden apartment complex in Cranford, achieving a price of more than $318,000 per unit for the 1940s property.
The brokerage firm said the asset, Riverside Garden Apartments, changed hands among two undisclosed parties. The property at 12 Riverside Drive sold for $14.65 million, thanks in part to its location near Cranford’s train station and its walkable downtown, along with the complex’s garage parking and on-site laundry.
https://re-nj.com/investor-buys-46-unit-cranford-apartment-complex-for-14-7-million-hudson-atlantic-says/
As Interest Rates Rise, The NJ Real Estate Market's New Twist
As a result, Jeff Otteau, the founder of the Otteau Group Real Estate Valuation and Consulting Co. in Matawan, and managing broker at Hudson Atlantic Realty, said the housing market in New Jersey continues to unravel.
https://nj1015.com/as-interest-rates-rise-the-nj-real-estate-markets-new-twist/