OneWall Partners Secures $57M Freddie Mac Loan for 13-Property Portfolio
CBRE VP Jaspaul Kapoor secured the loans on the properties that were mostly part of a 2017 portfolio purchase for $63 million. OneWall Partners is the largest property owner in East Orange and one of the largest transit-oriented workforce housing owner/operators in northern New Jersey. By John Jordan NEWARK, NJ—Locally-based OneWall Partners has secured $57 […]
The Affordable Housing Challenge
An aging housing stock, costly construction and the need for affordable housing will keep pointing investments to renovations and repositionings says Nate Kline, CIO of OneWall Partners. NEW YORK CITY—The demand in the rental housing market has risen steadily over the last decade as middle-class workers and families have chosen to rent after being priced […]
OneWall Partners acquires portfolio of 996 rental units in Lehigh Valley, PA
LEHIGH VALLEY, PA — One Wall Partners, an owner and manager of transit-oriented workforce housing, has acquired a portfolio of 996 rental apartments. The acquisition includes four properties in the Lehigh Valley in Pennsylvania. The Lehigh Valley portfolio, which stands at 98 percent occupancy, features three large garden complexes and a rental townhome community […]
Meeting the needs of Millenials and Boomers in transit-oriented workforce housing – by Nate Kline
During the past decade, millennials have flocked to larger cities to take advantage of abundant employment opportunities and an environment of restaurants, shopping, culture and community. The ability to use mass transit in place of a car has added to the appeal. However, as major cities like New York have become prohibitively expensive after years […]
OneWall Partners Acquires Portfolio of 996 Rental Units
ONE WALL PARTNERS ACQUIRES PORTFOLIO OF 996 RENTAL UNITS REIT Interest Purchase on Four Properties in Lehigh Valley, PA _____________ One Wall Partners, an owner and manager of transit-oriented workforce housing, has acquired a portfolio of 996 rental apartments. The acquisition includes four properties in the Lehigh Valley in Pennsylvania. The Lehigh […]
Investment firm has keyed on transit-centric, workforce housing in northern New Jersey
By Joshua Burd Admittedly, Andy Wallace says there is “nothing fancy” about the name One Wall Partners. As he recalls, it simply came from the address of the riverfront property in Binghamton, New York, where the company launched its first project in 2012. It’s only fitting. The real estate investment and management firm has quietly […]
OneWall Partners acquires 159-unit rental complex in Rahway
By Joshua Burd An investment and management firm has expanded its portfolio with the purchase of a 159-unit apartment complex in downtown Rahway, in a $34.9 million transaction brokered by HFF. The Newark-based firm, One Wall Partners, announced that it has acquired the property known as Park Square Apartments for an undisclosed price. Roseland Residential […]
Marcus: Investors testing new markets amid competition for northern N.J. multifamily deals
By Joshua Burd Investor appetite for northern New Jersey’s multifamily sector showed few signs of slowing down in 2018, causing buyers to explore new frontiers in the market, move more aggressively and expand into other asset classes. That’s according to brokers with Marcus & Millichap, who say that out-of-market buyers from New York City and […]
U.S. Home Affordability Drops to More Than 10-Year Low in Q4 2018
But Affordability Improves From Previous Quarter in 58 Percent of Local Housing Markets; Wage Growth Outpacing Home Price Growth in 22 Percent of Markets, Including San Diego, Brooklyn, Seattle, San Jose and Manhattan IRVINE, Calif. – Dec. 20, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q4 2018 U.S. Home […]
OneWall Management Teams Up with East Orange YMCA To Help City Youth
When East Orange YMCA Executive Director James Forde met with owners of One Wall Management about ways to expand opportunities for the city’s children and teenagers, the company went all in. “We said, `let’s think big!’ ” said Ron Kutas, a principal and founder of One Wall Management. One Wall Management, which manages 1,000 apartments in 26 buildings owned by […]
