C6 Real Estate Partners Close on $27M Garfield property

Posted on July 12th, 2017

ANSELL, GRIMM & AARON, PC partner, Melanie J. Scroble, Esq., recently closed a $27 million real estate transaction on behalf of C6 Real Estate Partners, in connection with its acquisition of River Edge at Garfield, a newly constructed 100-unit Class-A multifamily apartment building complex located in Garfield, New Jersey. The acquisition was made through a joint venture with Citymark Capital.

C6 Real Estate Partners specializes in acquiring and operating residential, mixed-use and commercial property in New Jersey and the surrounding area. Brian DiSalvo, a partner with C6, commented, “The transaction involved numerous counterparties with differing agendas and methodologies. The documents were complex and required several layers of negotiation. Ms. Scroble proved critical to the success of the transaction with proficient and reliable counsel and management of the process from contract signing to closing.”

Further details about the transaction are available here:

http://www.prweb.com/releases/prweb14433516.htm

Ms. Scroble focuses her practice on the acquisition, financing, leasing and development of commercial real estate both in the Tri-State area and through-out the Country. She has handled a wide range of sales, acquisitions, leases and financings involving different types of real estate, including retail shopping centers, triple net properties, office buildings and multi-family apartment projects. She is a member of the International Council of Shopping Centers and prior speaker at their annual law conference.

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For more than 85 years, ANSELL GRIMM & AARON, PC has been dedicated to providing excellent legal services in nearly all areas of the law, focusing primarily on New Jersey, New York and Federal matters. In providing zealous advocacy and skilled legal advice to our diverse clientele, our attorneys all practice with a common philosophy… commitment to excellence and commitment to people.

For additional information, please contact Melanie J. Scroble at (973) 247-9000 or mjs@ansellgrimm.com.