CBRE Sells Multifamily Portfolio In East Orange, NJ For $53M

The Multifamily Portfolio in East Orange, NJ has been sold for a total of $53,000,000. The portfolio consists of 301 units, with a price per unit of $176,080. The sale was facilitated by Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, David Gavin, Richard Gatto, Fahri Ozturk, Travis Langer, Zachary McHale, Nat Gambuzza, and Timothy Blashford from CBRE. The seller, OneWall Communities, was represented by Nate Kline.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $53,000,000
• Units: 301
• Price per Unit: $176,080
• Seller: OneWall Communities - Nate Kline
• Brokers: Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, David Gavin, Richard Gatto, Fahri Ozturk, Travis Langer, Zachary McHale, Nat Gambuzza, and Timothy Blashford - CBRE

The successful sale of the Multifamily Portfolio in East Orange, NJ was made possible by the collaborative efforts of all involved parties. This transaction highlights the significance of teamwork and the expertise provided by the brokers at CBRE, representing both the seller and the buyer.