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Kislak Arranges $16M Sale of Orchard Court Apartments in Pennsville, New Jersey

PENNSVILLE, N.J. — New Jersey-based brokerage firm The Kislak Co. Inc. has arranged the $16 million sale of Orchard Court Apartments, a 156-unit community located in Pennsville, located in the southern part of the Garden State. The property was built on 14.2 acres in 1963 and consists of four studios, 96 one-bedroom units and 56 two-bedroom units. Jason Pucci and Justin Lupo of Kislak represented the seller, an affiliate of New Jersey-based investment firm Kamson Corp., in the off-market deal. Barry Waisbrod, also of Kislak, procured the buyer, an entity doing business as Orchard Court Apartments LLC.

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