Day Pitney LLP represented USPF Chatham LP, a partnership including Stolar Capital, Vertical Realty and EverWest Real Estate Investors (EverWest), in its acquisition of Chatham Village Apartments from Madison Hill Properties for $35.25 million. The 118-unit garden-style complex includes 40 one-bedroom and 78 two-bedroom layouts and is located in the Short Hills, New Jersey area multifamily market. The transaction was featured in an article published by GlobeSt.com, an ALM Real Estate Media Group news source. In addition to representing the partnership in connection with this purchase, Day Pitney also represented Stolar Capital and Vertical Realty in forming the partnership with EverWest.
The Day Pitney team was led by Jennifer Solberg and included Tom Zalewski, Jared Ross, Megan Bedell, Nicole Magdziak, Amanda Kronemeyer and Lauren Grillo.
Day Pitney Real Estate, Environmental and Land Use practice co-chair Craig Gianetti was featured in Gothamist article "Court Tells Wealthy NJ Town: We'll Decide Where You'll Put Affordable Housing."
Day Pitney Real Estate, Environmental and Land Use Partner Steven Wernick is featured in the Miami Herald article "The End of Single-Family-Only Home Suburbs? Miami-Dade Zoning Rule Impact Could Be 'Sweeping'."
Day Pitney Real Estate Partners Nicole Magdziak and Thomas Malman represented firm client Kushner, a real estate development and management firm headquartered in New York City, on a multimillion dollar mixed use residential and retail development in the Long Branch, NJ’s Lower Broadway redevelopment zone.
Day Pitney Real Estate, Environmental and Land Use practice co-chair Craig Gianetti was featured in Law360 article "NJ Bill Paves An Aggressive Affordable-Housing Path."
Day Pitney Real Estate, Environmental and Land Use Counsel Joseph A. Ruiz was featured in the South Florida Business Journal article "Local Distillery Proposes Location in Miami-Dade Warehouse."
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Day Pitney Real Estate Partner Daniel Diaz Leyva was featured in GlobeSt.com article "How Debt Funds View The Market."
Day Pitney Miami-based Real Estate Partner Sandra M. Ferrera and Attorneys Amanda G. Gomez and Monica Larsen recently closed two real estate deals worth approximately $21M for a private client with El Car Wash, as NNN Tenant.
Day Pitney Real Estate Partner Jared Ross has been elected to the Board of Directors of the New England Council.
Day Pitney Real Estate Partner Daniel Diaz Leyva was featured in Forbes article, "How Aldi’s Acquisition of Winn-Dixie Impacts CRE."
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