Kushner buys luxury high-rises

Kushner Cos. recently acquired the 525-unit Towers of Windsor Park, which comprises two 13-story luxury apartment buildings in Cherry Hill, N.J.

The transaction was valued at more than $45 million.

Built in the mid-1960s, the curved, white-faced buildings are located on Chapel Avenue and feature a kidney-shaped outdoor swimming pool, tennis court, ample parking, and 24-hour doorman service.

Robert Ploshnick and Joseph Brecher of Gebroe-Hammer Associates brokered the transaction.

Florham Park, N.J.-based Kushner Cos. is a diversified real estate organization.

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