EAST RUTHERFORD, NJ—The Monarch, a 316-unit, class A, luxury apartment community located across from MetLife Stadium in the heart of the Meadowlands, has changed hands for $91.5 million.
Holliday Fenoglio Fowler marketed the property exclusively on behalf of the seller, a partnership between a New Jersey-based developer and an institutional owner. The purchaser of the property was a private group. Neither party was identified.
The HFF investment sales team representing the seller was led by senior managing director José Cruz, managing director Kevin O'Hearn, directors Stephen Simonelli and Michael Oliver and associate director Robert Borny.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.