FOR IMMEDIATE RELEASE: November 6, 2012
RE: Real Estate Growth Advisors, LLC closes on Swan Court Apartments, Rochelle Park, NJ
Real Estate Growth Advisors, LLC (“REGA”) is pleased to announce the closing of its most recent acquisition, Swan Court Apartments, 235 West Passaic Street, Rochelle Park, NJ 07662. The property is a 126 unit garden apartment community consisting of one and two bedroom apartments in eight buildings.
REGA will renovate/upgrade apartments as they become available, institute a significant deferred maintenance plan and actively manage the property with its “hands-on” leasing strategy to improve cash flow at the property.
Thomas McConnell and Kevin McCrann of Marcus and Millichap brokered the transaction.
REGA is a New Jersey based real estate investment and management company. REGA owns and operates quality multifamily and mixed-use commercial real estate and specializes in creating value through repositioning assets, implementing its “hand on” property management approach.
For all inquiries, please call (800) 641-3990, email email@example.com, or view our website at www.realestategrowthadvisors.com