FREIT Sells Apartment Complex
Real estate investment firm First Real Estate Investment Trust of N.J. in Hackensack announced on Oct. 24 it has sold apartment complex Grandview Apartments in Hasbrouck Heights to apartment operator Grandview Apartments LLC for about $2.5 million. Joseph Basralian of Winne, Banta, Hetherington, Basralian & Kahn in Hackensack represented FREIT; Passaic solo Robert Tzall represented Grandview.
NRT Acquires Calif. Realtor
Realogy of Madison on Oct. 29 announced its subsidiary, NRT, also in Madison, has acquired Frank Howard Allen Realtors in Novato, Calif. All provide real estate services.
Claridge Hotel Acquired
Bally’s, the Atlantic City hotel and casino and subsidiary of Caesars Entertainment in Las Vegas, announced on Oct. 29 its Claridge Hotel has been acquired by hotel operator TJM Properties of Clearwater, Fla.
PLUS Diagnostics Acquired
Miraca Life Sciences in Irving, Texas, announced on Oct. 24 it has acquired fellow pathology laboratory PLUS Diagnostics in Union from health-care investor Water Street Healthcare Partners in Chicago.
Acquisition for Digital Cinema
Digital Cinema Destinations in Westfield announced on Oct. 23 it has acquired entertainment complexes in Mechanicsburg, Pa., and Churchville, Md., from fellow movie theater operator Flagship Cinemas of Boston.
IncentOne Acquired by Welltok
Welltok Inc. of Denver announced on Oct. 22 its acquisition of IncentOne in Lyndhurst. Both provide administrative services for the health-care field.