South Village Apartments Gets New Ownership

NEW JERSEYSherman Oaks-based GHC Housing Partners, along with its property management company affiliate, PK Management LLC, has purchased the South Village Apartments in Trenton.

South Village Apartments is a 335-unit senior housing property.

Founded in 1994, GHC Housing Partners specializes in acquiring and managing primarily Section 8 housing and providing social services and amenities that include vegetable gardens, dog parks, job counseling, scholarships and summer camps.

In addition to its acquisition in N.J., the joint venture has also purchased properties in Richmond, Va., Dallas, Texas, and N.C., among others.

Since 2011, GHC has acquired 19 properties in 12 states bringing its total properties to 21 states.

Please or Register to post comments.

Latest poll

Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

Newsletter Signup

NREI Daily Regional Newsletters

Connect With Us
National Real Estate Investor Related Sites