East Coast apartments, retail traded for $26M

The Kislak Co. Inc. on Wednesday announced it brokered the sale of four East Coast apartment complexes in separate deals totaling more than $26.6 million.

In the first sale, which included two properties, Kushner Properties sold Crescent Gardens and Gramercy Park Apartments for an aggregate price of nearly $11.9 million. Crescent Gardens is a 240-unit multifamily complex located at 1622 Independence Road, and Gramercy Park comprises 104 units located at 2880 Hull Road -- both assets are located in Camden, N.J.

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