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Fidelco, Diversified sell 393-unit Union rental property for $132 million, JLL says – Real Estate NJ

Summary by Re-nj.com

Summit Court at 450 Clermont Terrace in Union — Courtesy: JLL By Joshua Burd Fidelco Realty Group and Diversified Properties have sold a newly developed, 393-unit luxury apartment complex in Union Township for nearly $132 million, in a deal arranged by JLL. The brokerage team represented the sellers in the transaction at 450 Clermont Terrace, the site of what’s known as Summit Court after a two-phase project completed in 2023. An affiliate of th…

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Fidelco, Diversified sell 393-unit Union rental property for $132 million, JLL says – Real Estate NJ

Summit Court at 450 Clermont Terrace in Union — Courtesy: JLL By Joshua Burd Fidelco Realty Group and Diversified Properties have sold a newly developed, 393-unit luxury apartment complex in Union Township for nearly $132 million, in a deal arranged by JLL. The brokerage team represented the sellers in the transaction at 450 Clermont Terrace, the site of what’s known as Summit Court after a two-phase project completed in 2023. An affiliate of th…

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re-nj.com broke the news in 2 days ago on Thursday, February 20, 2025.

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