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Inland Real Estate Acquires Luxury LI Multifamily for $190M

JLL Capital Markets secured the $190-million sale of The Arboretum, a 292-unit luxury multifamily development in Farmingville, NY, within Suffolk County. Senior managing directors Jose Cruz, Steve Sim

Summary

JLL Capital Markets secured the $190-million sale of The Arboretum, a 292-unit luxury multifamily development in Farmingville, NY, within Suffolk County.

Senior managing directors Jose Cruz, Steve Simonelli and Rob Hinckley, along with director Austin Pierce, represented the seller, BRP Companies.

The buyer was an affiliate of The Inland Real Estate Group of Companies, Inc. Matthew Tice,... The post Inland Real Estate Acquires Luxury LI Multifamily for $190M appeared first on Connect CRE

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