The New York City-based investment firm AMS Acquisitions LLC has sold a two-building senior housing community in Sayreville, NJ.
The New-York-based family-owned real estate firm, A&RW Properties LLC, along with its affiliates, JYW Holdings LLC and Nadlan Capital Inc., purchased the asset, Gillette Towers, for $28 million.
Gillette Towers features 136 units spanning two buildings that comprise 130,000 square feet. The property is situated across Raritan Bay from Staten Island.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Unlimited access to GlobeSt and other free ALM publications
- Access to 15 years of GlobeSt archives
- Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
- 1 free article* every 30 days across the ALM subscription network
- Exclusive discounts on ALM events and publications
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.