CONFIER ACQUIRES STUDENT HOUSING FOR REDEVELOPMENT

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HEMPSTEAD, N.Y. — Conifer Realty has acquired a former Hofstra University student housing community from the school. Twin Oaks Apartments was vacant at the time of the sale, as it was replaced by new on-campus housing by the school. Conifer plans to redevelop the 94-unit property into affordable housing. David Leviton of Cushman & Wakefield's Melville, N.Y., office partnered with David Berhaut, Gary Gabriel and Jared Zimmel of the firm's East Rutherford, N.J., office to arrange the sale.

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