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.
Beth Barton, a partner in the firm's Environmental and Land Use practice, will be speaking at the Northeast Sustainable Communities Workshop on June 23.
Beth Barton, a partner in the firm’s Environmental and Land Use practice, spoke at the Connecticut Business and Industry Association’s 2021 Energy & Environment Conference on June 11.
Day Pitney Alert
Peter J. Wolfson, Gemma R. Cashman and Luke S. Pontier authored an article, “Closed Entry: Special Provisions—Minimizing Risk With a Strong Cannabis-related Lease,” for NJBiz.
On March 17, Partner Craig M. Gianetti moderated the panel, "Land Use Update 2021," for the NJICLE.
Day Pitney Counsel Steven A. Cash was quoted by The Hill, discussing how on the recent release of documents and new investigations into the Trump administration by the Department of Justice, the Justice Department's Office of Inspector General and Congress could potentially pose a challenge for the Biden administration.
Sandra Ferrera's move to Day Pitney was featured in the article, "Day Pitney Adds Real Estate Partner to Florida Practice in Law360.
Day Pitney Press Release
Craig Gianetti, a partner in Day Pitney's Real Estate & Land Use group, has been elected to serve as Chair of the Land Use Law Section of the New Jersey State Bar Association (NJSBA).
Jay Mussman authored an article, "Real Estate Considerations," published by South Florida Business Wealth.