KRE Group, Avenue Realty Capital Purchase Apartment Property in New Jersey for $70M

by Haisten Willis

SPRINGFIELD, N.J. — The KRE Group and Avenue Realty Capital have acquired Summit Hill, a 228-unit rental community in Springfield, for $70 million. Summit Hill, located at 100 Stone Hill Road, is a garden-style apartment community near routes 78 and 24 in western Union County.

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