KISLAK ARRANGES TWO MULTIFAMILY SALES

HARRISBURG AND LEMOYNE, PA. — Woodbridge, N.J.-based The Kislak Company has arranged the sales of two Pennsylvania multifamily properties. In Harrisburg, Kislak arranged the $4.07 million sale of Quail Run Apartments, an 89-unit property located at 4001 Rawleigh St. The property comprises nine buildings, and features a swimming pool, a basketball court, a children’s play area and a volleyball court. Occupancy was 95 percent at the time of closing. Kislak’s Robert Holland represented the seller, MBM Associates, as well as the buyer, Quail Run Limited Partnership. In Lemoyne, Kislak brokered the $1.4 million sale of Walnut Hills Apartments, a 26-unit residential community located on Walnut Street. The property was fully occupied at the time of closing. Christopher Cimino of Kislak represented the seller, Shirmor Co., as well as the buyer, LMB Investments.