Firm completes multi-family trade in Wantage


Make text smaller Make text larger



Photos



  • The Regency at Sussex



Gebroe-Hammer Associates recently orchestrated the $6.75 million sale of The Regency at Sussex, a 100-unit garden apartment-style complex located at 10 Layton Road in Wantage, N.J.

Vice President Stephen Tragash represented both the seller, a limited partnership that included private investor Michael Halpern, and identified the buyer in this transaction.

“We chose Stephen for the exclusive listing because my partners and I were impressed with his ability to dig in hard – demonstrated by his unrelentless calls and visits to the property these past few years – as well as his drive to make a deal happen,” Halpern said. “When the right time to sell finally happened, Stephen was very timely because of his frequent phone calls and tenacity to get the deal done. I am sure the buyer received the same level of commitment.”

The Regency at Sussex complex is set on 70 developable acres with sewer line and roadway infrastructure already in place. It is large enough to accommodate more than 200 additional apartment units, according to Tragash.


Make text smaller Make text larger

MUST READ NEWS

Yoga series for beginners planned
Let 2017 be the year you check off a new healthy practice. Intro to Yoga 6 week series will be held at Garden of Life Massage...
Susex County Prosecutor's Office
Jan. 4Mario Giorgi, 51, of Kintersville, Pa., pleaded guilty to burglary, a third-degree crime, theft, a third-degree crime, and criminal...
Vernon chamber plans next member meeting
The Vernon Chamber of Commerce invites local businesses to join the next member’s meeting on Wednesday, Jan. 25, 2017, at...
HHS releases marketplace analysis
Last week, HHS released its latest enrollment figures showing that 273,210 people are signed up for 2017 Marketplace coverage in New Jersey, more than at the same time last year.

VIDEOS


Sign up to get our newsletter emailed to you every week!

  • Enter your email address in the box below.
  • Select the newsletters you would like to subscribe to.
  • Click the 'SUBSCRIBE' button.

Comments

Pool Rules



MOST COMMENTED



Find more about Weather in Lafayette, NJ