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AvalonBay buys Pomona complex

April
6

AvalonBay Communities of Alexandria, Va., has purchased Crystal Hill Club, a gated, 168-unit luxury complex in Pomona, according to the real estate firm Cushman & Wakefield Inc. Crystal Hill Club includes one- and two-bedroom apartments in six townhome-style buildings and three mid-rise complexes. More than a dozen investors bid to buy Crystal Hill, which was developed by Ginsburg Development Corp. The purchase price was not disclosed.

This entry was posted on Friday, April 6th, 2007 at 5:18 pm by Jay Loomis.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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