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18

Kushner Cos. Acquires New Jersey Apartment Complex for $190 Million

By Tony Seruga

Quail Ridge Apartments in Plainsboro has 1,032 units
Kushner Cos. sold the property 11 years ago to buy NYC tower

Kushner Cos., the real estate firm owned by Jared Kushner’s family, repurchased an apartment complex in Central New Jersey that it sold 11 years ago.

The 1,032-unit Quail Ridge Apartments was sold by Angelo Gordon & Co. for $190 million, Kushner Cos. said Monday in a statement. The 52-acre Plainsboro property, near Princeton, was among buildings it sold in 2007 to help finance a $1.8 billion purchase of a Manhattan office tower. The deal was completed Sept. 14…

Kushner Cos. Acquires New Jersey Apartment Complex for $190 Million

Categories : Real Estate

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