Kislak Negotiates $6.1M Sale of Apartment Building in Lodi, New Jersey
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed multifamily deal value tracked in August 2026: $11.5B across 134 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
LODI, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated the $6.1 million sale of River View, a 28-unit apartment building located at 60 S. Main St. in the Northern New Jersey community of Lodi. Ac…
External link. Real Estate Trail does not republish source content.
Related coverage — Multifamily
East side apartment complex sells for $94 million to Utah-based firm
Groupe Dumont moves into Toronto with 1,200-unit multifamily acquisition
Thompson Thrift Pursuing 319-Unit Powder Springs Rental Community
Thompson Thrift is moving ahead on Avira at Silver Comet Trail , a 319-unit multifamily community in the Atlanta suburb of Powder Springs. Construction is underway with resident move-ins expected to begin in October 2…
California’s Renter Majority Faces Deepening Strain as Bay Area Rents Climb 5.8%
California's renter economy has swelled past 16 million people, and a new statewide tenant snapshot shows affordability pressure intensifying just as the Bay Area's multifamily market tightens around a shrinking suppl…
Slate Property Group Receives $86.2M Loan for Refinancing of Queens Apartment Complex
NEW YORK CITY — Locally based developer Slate Property Group has received an $86.2 million loan for the refinancing of Dutch House, a 186-unit apartment complex located in the Long Island City area of Queens. Designed…
Marcus & Millichap Arranges Sale of 31-Unit Multifamily Property in Grain Valley, Missouri
GRAIN VALLEY, MO. — Marcus & Millichap has arranged the sale of Creekside Village, a 31-unit multifamily property in Grain Valley near Kansas City. Jacob Carroll and Aaron Kuroiwa of Marcus & Millichap represented the…