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/
Hudson Atlantic Realty closes sale of Stratford, NJ Apartments for $9.5 Million
Hudson Atlantic Realty has announced its latest deal closing of an apartment property in Camden County.
https://online.flippingbook.com/view/493439704/44/
Hudson Atlantic touts $200 million in first half volume after sales totaling more than 1,000 units
Brokerage firm Hudson Atlantic Realty is marking more than $200 million in transaction volume in the first half of 2022, having arranged the sale of more than 1,000 apartments across 11 deals.
According to the Matawan-based team, the activity has fueled a strong start in its first full year of operation. Those deals came thanks in part to what the firm described as cutting-edge market intelligence and deep relationships within the investment and development communities.
https://re-nj.com/hudson-atlantic-touts-200-million-in-first-half-volume-after-sales-totaling-more-than-1000-units/
Hudson Atlantic: Stratford apartments trade for first time in 60 years, fetching $9.5 million
The owner of an 82-unit apartment complex in Camden County has sold the property for the first time in its 59-year history, in a deal arranged by Hudson Atlantic Realty.
The seller, whose name was undisclosed, reaped $9.5 million in the trade of Cornell Manor on Columbia Avenue in Stratford. In announcing the deal, the brokerage team said the property is minutes from major highways and public transportation, providing easy access to regional employment centers including downtown Philadelphia
https://re-nj.com/hudson-atlantic-stratford-apartments-trade-for-first-time-in-60-years-fetching-9-5-million/
Hudson Atlantic Realty closes $200M in deals in 2022’s first half
Hudson Atlantic Realty is celebrating a strong first half of the year.
https://njbiz.com/hudson-atlantic-realty-closes-200m-in-deals-in-2022s-first-half/
Hudson Atlantic Realty closes $15.6M deal for 4 multifamily buildings in East Orange
Four multifamily buildings with a combined 96 apartment units in transit-oriented East Orange have sold for $15.6 million, according to a Thursday announcement from Hudson Atlantic Realty.
Buying a Home in New Jersey Just Got Tougher
According to Jeff Otteau, the founder of the Otteau Group Real Estate Valuation & Consulting Co. in Matawan and the managing broker of Hudson Atlantic Realty, this latest interest rate hike will accelerate and exaggerate the slowdown of the real estate market in the Garden State that is already underway.
https://nj1015.com/buying-a-home-in-new-jersey-just-got-tougher/
Four-building, 96-unit apartment portfolio in East Orange trades for $15.6 million
A private investor has purchased a four-building, 96-unit apartment portfolio in East Orange for $15.6 million, in a newly announced transaction by Hudson Atlantic Realty.
Located minutes from mass transit and the city’s downtown, the properties include 30 Beech St., 46 South Arlington Ave., 6 Glenwood Ave. and 363 Park Ave. Hudson Atlantic announced the deal Thursday, noting that each building is recently renovated with hardwood floors, upgraded kitchens, on-site laundry and separately metered utility services.
https://re-nj.com/four-building-96-unit-apartment-portfolio-in-east-orange-trades-for-15-6-million/