Skip navigation

Treetop Development Picks up HUD Apartment Complex in Plainfield

NEW JERSEY—Treetop Development, based in Teaneck, N.J. has acquired a 1008-unit, HUD apartment complex in Plainfield for $9.8 million. The purchase is the company’s first in Union County.

Steven Fleissig of Greenberg Traurig represented Treetop Development in the transaction.

Located at 825 East Front Street, the buildings include one-, two- and three-bedroom units. Treetop plans a capital improvement program for the acquisition, which will include landscaping, new roofs and interior upgrades that will include refinishing hardwood floors, installing new kitchens and renovating bathrooms.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish