Living Residential has paid $115.9 million, or $386,333/unit, for the 300-unit Woodmont Forge apartment property at 100 Forge Circle in Pennington, N.J., which is just outside of Princeton, N.J. The Lakewood, N.J., investor acquired the property from Woodmont Properties of ...
Multi-Housing News Living Residential has paid $115.9 million, or $386,333/unit, for the 300-unit Woodmont Forge apartment property at 100 Forge Circle in Pennington, N.J., which is just outside of Princeton, N.J. The Lakewood, N.J., investor acquired the property from Woodmont ...
To fund its purchase, the Kravinsky/Lindy group lined up a $51.4 million senior mortgage from Wells Fargo Bank and a $7.5 million mezzanine loan from InPoint Commercial Real Estate Income Inc., arecently formed venture of Sound Point Capital and Inland ...
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