Regions Northeast | New Jersey
Aug 19, 2008
The Orbach Group has purchased the Miry Run Apartments, a nine-building complex housing 144 units. The acquisition is the second Hamilton, N.J. property in the company’s portfolio, joining Victoria Apartments, bringing the Hamilton total to 460 units. The Miry Run Apartments complex consists of one- and two-bedroom units. The Orbach Group will make minor renovations throughout the complex. The company's other Hamilton property – the 316- unit Victoria Apartments – was purchased three years ago. The firm has been active in Mercer County. The acquisition of Miry Run increases the company’s holdings in the Princeton corridor to more than 1,000 units. In addition to these two apartment complexes, The Orbach Group owns a portfolio of residential properties spanning New Jersey in areas including Cherry Hill, Lakewood, Ewing and Hackensack. The firm recently expanded its presence in the Northeast by entering the New York City real estate market with the purchase of 13 buildings on West 49th Street in Manhattan across the street from World Wide Plaza. The buildings contain a total of 254 units of residential and a number of storefronts.
The Orbach Group has purchased the Miry Run Apartments, a nine-building complex housing 144 units. The acquisition is the second Hamilton, N.J. property in the company’s portfolio, joining Victoria Apartments, bringing the Hamilton total to 460 units. The Miry Run Apartments complex consists of one- and two-bedroom units. The Orbach Group will make minor renovations throughout the complex. The company's other Hamilton property – the 316- unit Victoria Apartments – was purchased three years ago. The firm has been active in Mercer County. The acquisition of Miry Run increases the company’s holdings in the Princeton corridor to more than 1,000 units. In addition to these two apartment complexes, The Orbach Group owns a portfolio of residential properties spanning New Jersey in areas including Cherry Hill, Lakewood, Ewing and Hackensack. The firm recently expanded its presence in the Northeast by entering the New York City real estate market with the purchase of 13 buildings on West 49th Street in Manhattan across the street from World Wide Plaza. The buildings contain a total of 254 units of residential and a number of storefronts.
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