L+M Development Partners and Community Preservation Partners have acquired an affordable-housing complex in East Orange, New Jersey, for $94 million, with plans to invest $29 million to rehabilitate it.
L+M, Community Preservation Partners Undertake $123 Million Rehab of South Orange Complex
Firms Pay $94 Million for New Jersey Affordable Housing Property
By Linda Moss
CoStar News
August 7, 2020 | 7:32 P.M.
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IN THIS ARTICLE
- Properties
- Norman Towers
500 Walnut St, East Orange, NJ
- Companies
- L+M Development Partners, Inc.
Construction