U.S. Kushner Companies acquires Princeton Marriott for $36.6 mln

12/06/2018 9:00:00 PM (GMT)

New York-based real estate developer Kushner Companies has revealed that it acquired the Princeton Marriott at Forrestal, a hotel located on 25 wooded acres, across from James Forrestal Campus of Princeton University.

Bought from Lone Star Funds, Princeton Marriott at Forrestal cost $36.6 million.

Lately, the company has been buying more property in Long Branch in relation with its Pier Village development.

In July, Kushner revealed the purchase of 304-unit apartment complex in Middletown formerly known as Thousand Oaks Village in a $56 million deal.

Kushner Companies

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