Asbury Gardens Renovation and Preservation
Sector: Residential • Location: Asbury Park, New Jersey, United States
Source: Multifamily Dive
Hudson Valley Property Group acquired Asbury Gardens, a 170-unit garden-style multifamily property in Asbury Park, New Jersey. The firm plans approximately $7.6 million in renovations to modernize the buildings and enhance energy efficiency and security, including new business center, roofing, high-speed Wi-Fi, playground, site lighting, landscaping, electric vehicle charging stations, and an urba
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Hudson Valley Property Group acquired Asbury Gardens, a 170-unit garden-style multifamily property in Asbury Park, New Jersey. The firm plans approximately $7.6 million in renovations to modernize the buildings and enhance energy efficiency and security, including new business center, roofing, high-speed Wi-Fi, playground, site lighting, landscaping, electric vehicle charging stations, and an urban farm. The project is financed with equity from HVPG's preservation fund and a Freddie Mac loan provided by KeyBank, with new HUD project-based Section 8 HAP contract and extended affordability for 27 years. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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