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Orbach buys Penn complex.


The Orbach Orbach may refer to:
  • The town of Orbach in Switzerland
people:
  • Chris Orbach
  • Jerry Orbach
  • Maurice Orbach
  • Raymond L. Orbach
See also
  • Ohrbach's
 Group has acquired Barkley Village, a 176-unit luxury garden apartment complex in Whitehall, Penn. for $13 million

The seller of the complex was the Barness Organization, a residential developer and owner based in Bucks Bucks: see Buckinghamshire.  County. In October, The Orbach Group acquired The Apartments at Newpointe, in Warrington, from them for $15 million.

Barkley Village is located at 3225 Carbon Street. Average rentals are in the range of $775 for a 2-bedroom apartment, and the complex features an indoor swimming pool and a health club for residents.

John McFadden and Bob Miller, of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. , represented both The Orbach Group and the seller in the transaction. Richard Kelin, of the law firm of Feinstein Raiss, Kelin & Booker, represented The Orbach Group. Financing was arranged by Scott Assouline, of Meridian Meridian (mərĭd`ēən), city (1990 pop. 41,036), seat of Lauderdale co., E Miss., near the Ala. line; settled 1831, inc. 1860.  Capital.
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Article Details
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Title Annotation:NEW JERSEY
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 8, 2006
Words:132
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Next Article:CBRE closes Cmed lease.(NEW JERSEY)
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