2A — February 19 - March 12, 2021 — M id A tlantic Real Estate Journal
www.marej.com
M id A tlantic Real Estate Journal
M id A tlantic R eal E state J ournal Publisher, Conference Producer . .............Linda Christman AVP, Conference Producer ...........................Lea Christman Publisher ........................................................Joe Christman Editor/Graphic Artist ......................................Karen Vachon Contributing Columnist .... Lauren Rose Federgreen, Rose Real Estate LLC Mid Atlantic R eal E state J ournal ~ Published Semi-Monthly Periodicals postage paid at Hingham, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal 350 Lincoln St, Suite 1105, Hingham, MA 02043 USPS #22-358 | Vol. 33, Issue 2 Subscription rates: 1 year $99.00, 2 years $148.50, 3 years $247.50 & $4.00 single issue - plus postage REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion Phone: 781-740-2900 | Fax: 781-740-2929 www.marej.com
AKF
Lauren Rose Federgreen
Rose Real Estate LLC’s Q4 Multifamily Sales Span Belleville &Plainfield, NJ ELLEVILLE/PLAIN- FIELD, NJ — Rose Real Estate LLC has marked the close of Q4 2020 with three multifamily sales that included two apartment assets previously sold by the boutique investment broker- age firm. Located in Plainfield and Belleville, the low-rise buildings’ per-unit sale price averaged just under $145,000. The recently traded prop- erties are located at 256-64 Belleville Ave. , Belleville (18 units/$2.80M), 701-11 Kensington Ave., Plainfield (18 units/$2.65M) and 238- 40 E. 9th St., Plainfield (12 units/$1.5M). These transac - tions bring Rose Real Estate’s total sales in Plainfield alone to 10 deals in five years. B Based in Union County, Rose Real Estate represents a diverse client base focused on the acquisition and disposition of small-to-midsized multifam- ily assets strategically located throughout Northern and Central New Jersey. Since its
Global Engineering & Integrated Design Services
akfgroup. com
inception six years ago, the company has emerged as a leader in the five- to 75-unit, $1M to $20M category. The firm also is involved in ar- ranging transactions that are larger in scope. “Rose Real Estate was found- ed on the premise that private individuals and families, as well as those whose portfolio holdings include or focus on properties of less than 75 units, should have access to the same professional, insti- tutional-caliber multifamily advisory and investment bro- kerage services contracted by larger entities,” said Lauren Rose Federgreen , founder and president. “For this rea -
son, we have emerged as the go-to broker of choice in this space.” Federgreen, a graduate of Lafayette College with a bach - elor’s degree in economics, has more than 12 years’ experience as a commercial real estate investment broker. During the course of her career thus far, she has closed more than $200M in multifamily and mixed-use transactions encom- passing over 2,700 units. Prior to forming Rose Real Estate as a niche-focused woman-owned firm, she was a broker with Marcus & Millichap and Col - liers International. “Early in my career, a com- continued on page 24A
Firmly Rooted in the Law and in the Community We are well grounded in every facet of real estate law, from acquisition to construction. We are committed to serving the needs of our clients and our communities.
Contact: NEIL A. STEIN • nstein@kaplaw.com 910 Harvest Drive, Blue Bell, PA 19422-0765 • 610-941-2469 • kaplaw.com Other Offices: • Cherry Hill, NJ 856-675-1550 • Philadelphia, PA 215-567-3120 Kaplin Stewart A t t o r ne y s a t Law
Made with FlippingBook - Online Brochure Maker