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KRE Group & Verde Capital close $56 million multifamily acquisition in Atlantic Highlands, NJ



ATLANTIC HIGHLANDS, NJ — KRE Group, a full-service real estate investment and management company with more than five decades of experience, in partnership with Verde Capital, has acquired a 304-unit garden-style apartment property in Atlantic Highlands, New Jersey for $56 million. Known as Thousand Oaks Village, the 36-acre site includes a collection of apartments ranging from one to three bedrooms, along with a swimming pool, tennis courts and children’s playground. Located at 165 Thousand Oaks Dr., the property—which will be renamed Atlantic Pointe—is minutes from the Seastreak Ferry Terminal at Atlantic Highlands, which offers commuter services to and from Manhattan in less than 45 minutes.


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#KREGROUP #VERDECAPITAL #JOHNATHANKUSHNER #JACOBREITER #DARINRAIKEN

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