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 Alert
On November 18, the Morris County Bar Association will hold their 2020 Legalpalooza.
Christopher Stracco and Katharine Coffey co-authored article, "COVID-19 and Its Impact on Real Estate," for the Real Estate Finance Journal.
Day Pitney Alert
Due to the COVID-19 pandemic, this year's annual Day Pitney Palm Beach Family Office Forum, which had originally been scheduled for April 28 and 29, has been postponed to hopefully be rescheduled for later this year.
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.
Craig Gianetti is featured in a Market Forecast special section in the January 2020 issue of Real Estate New Jersey.
Day Pitney LLP announced today that April F. Condon has joined the firm as a partner in the Real Estate and Environmental group in its Stamford office. She joins from Robinson & Cole LLP.