Merion News
Acquires Collings At Lumberyard
Collings at Lumberyard, is a 104 unit luxury apartment building located in downtown Collingswood, NJ. A walkable, and transit-oriented suburban town, Collingswood provides an easy commute to Philadelphia via public transportation. The PATCO Speedline is a ten minute...
Acquires The Ledges
Merion acquired The Ledges, a 339 unit, Class-A, garden style multifamily unit apartment community in Groton, Connecticut. The property was purchased for $60 million, or $177,000 per unit. The community was constructed in 2003 and is in good physical condition....
Acquires Champions Walk
Merion Champions Walk, L.P. acquired Champions Walk Apartments in Bradenton, Florida for $58 million, or $154,255 per unit. The community was constructed in 1997, is in good physical condition, is very well located and has a solid resident base. Merion’s business...
Acquires Bradenton Reserve
Merion Realty Partners, along with its joint venture partners, acquired the 1986 built Bradenton Reserve Apartments in Bradenton, Florida. The 166 unit property is located next to the nationally recognized IMG academy, an academic and athletic college preparatory...
Acquires Bay Point Villas
Merion Realty Partners, on behalf of its joint venture partners, acquired Bay Point Villas in St. Petersburg, Florida. This 136 unit property will undergo a transformative renovation which will target a segment of the renter pool who is looking for an affordable, well...
Acquires Countryside Village
Merion Realty Partners, on behalf of its joint venture partners, acquired Countryside Village Apartments, a 448 unit apartment community located in Manchester, NH. The property will undergo a comprehensive capital improvement program including a clubhouse renovation,...
Acquires Riverside Parc
Merion Realty Partners, on behalf of a joint venture with Merion Multifamily Fund and Legacy Capital, acquired Riverside Parc, a 400 unit apartment community located in Birmingham, Alabama. The property is located 1 mile from the newly completed Grandview Medical...
Sells Kansas City Hotel
On behalf of CMS/Proc Hospitality Holdings II, LP and CMS/Procaccianti Hospitality Holdings III, LP, Merion Realty Partners with it’s JV partner, completed the sale of the 366-room InterContinental Kansas City At The Plaza . The Fund owners originally purchased the...
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