Sela Realty Investments Acquires Property In West Orange For $40.5 Million With Greg Pine As Seller's Rep

The property asset involved in this transaction is Crest Ridge Apartments, consisting of 178 units in a garden-style apartment community located at 200 Mt Pleasant Ave, West Orange, NJ. The property was sold for $40,500,000.00 and has a square footage of 0.

Summary of transation details:

• Property Type: Apartment Community
• Transaction Amount: $40,500,000.00
• Address: 200 Mt Pleasant Ave, West Orange, NJ
• Market: West Orange
• Seller's Representative: Greg Pine-Gebroe-Hammer Associates
• Buyer: Sela Realty Investments

Greg Pine and Adam Zweibel of Gebroe-Hammer Associates represented the seller, who was the original developer and owner of the property, and they also procured the buyer in this transaction.