05/01/2012
Source: realestategrowthadvisors.com
FOR IMMEDIATE RELEASE: May 1, 2012
RE: Real Estate Growth Advisors, LLC closes on Seacrest Apartments, Bradley Beach, NJ
Real Estate Growth Advisors, LLC (“REGA”) is pleased to announce the closing of its most recent acquisition, Seacrest Apartments, 105 McCabe Avenue, Bradley Beach, NJ 07720. The property is a 35 unit, three story apartment community consisting of one and two bedroom apartments.
REGA will significantly upgrade select ocean facing apartments, institute a deferred maintenance program and actively manage the property with a “hands-on” leasing strategy to improve cash flow at the property.
Chuck Puth of Charles O. Puth Realty and Joseph Brecher of Gebroe Hammer Associates 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 info@regrowthadvisors.com, or view our website at www.realestategrowthadvisors.com