One Wall Partners expands portfolio; acquiring 217 additional units in Northern New Jersey

NEWARK, NJ — One Wall Partners  (OWP), the Newark, New Jersey-based real estate investment firm has acquired three new properties adding 217 units to its ever-growing portfolio which now encompasses 1,917 units in 39 buildings. All of OWP’s properties are transit-oriented workforce housing options that provide middle-class residents with easily accessible public transportation to New York metro area job centers. The recent acquisitions of 742 Park Avenue in East Orange, 103 Chancellor in Newark and 25 Van Velsor in Newark reinforce OWP’s commitment to offering affordable commuter-friendly housing options.“The demand for naturally occurring affordable housing, combined with revitalization efforts in Northern New Jersey is causing many people to call places like Newark and East Orange home,” said David Oropeza, executive managing director with Gebroe-Hammer Associates. “We have brokered numerous real-estate transactions with One Wall Partners; their commitment to transit-oriented workforce housing continues to add value to the Northern New Jersey region.”

 

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