The Hampshire Companies, CrownPoint Group and Circle Squared Alternative Investments Announce the Sale of 221 Bergen Just Four Months After Reaching Full Occupancy

Harrison, N.J. , Oct. 11, 2016 (GLOBE NEWSWIRE) — The Hampshire Companies, along with joint venture partner, CrownPoint Group, and project advisor, Circle Squared Alternative Investments  have announced the sale of 221 Bergen, a 104-unit luxury residential complex on Bergen Street in Harrison, N.J to TAK Group. Located in the River-bend section of Harrison, 221 Bergen broke ground in October of 2014 and opened on October 2, 2015 quickly reached full occupancy in May 2016 just seven months after opening.

 

Click here to read the full press release.

Jeffrey C. Sica is the President and Chief Investment Officer of Sica Wealth Management, LLC (“SWM”), an SEC registered investment adviser that maintains a principal place of business in the State of New Jersey. The information presented herein may not be suitable for all investors, and no portion of this commentary is to be construed as a solicitation to buy or sell a security, or the rendering of personalized investment, tax or legal advice. Past performance does not guarantee future results, as there can be no assurance the views and opinions expressed herein will come to pass. Investing involves risk, including the potential loss of principal. Please consult a financial professional prior to investing.