SELA Realty Investments Buys Ridge Pointe in New York

Reported Oct 26, 2026 · Source: REBusiness Online

Source: REBusiness OnlineRead the full report at REBusiness Online ↗

Deal details

Buyer
SELA Realty Investments
Seller
Not disclosed
Price
Not disclosed
Size
132 units
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Northern & Central NJ
Metro
New York (incl. Long Island & NJ)
Reported date
Oct 26, 2026

Summary

FORT LEE, N.J. — JLL has negotiated the sale of Ridge Pointe, a 132-unit apartment building in the Northern New Jersey community of Fort Lee. Source: REBusiness Online.

Summarized from the article; the quoted lines below are from the article itself.

Source: REBusiness Online

Read the full report at REBusiness Online. What the article says:

  • Deal / Size / Buyer
    FORT LEE, N.J. — JLL has negotiated the sale of Ridge Pointe, a 132-unit apartment building in the Northern New Jersey community of Fort Lee. Built as an office building in 1985 and converted to residential use in 2014, Ridge Pointe offers studio, one-, two- and three-bedroom units with an average size of 1,296 square feet. Amenities include a rooftop lounge, screening room, fitness center, billiards room and a children’s playroom. Mike Oliver, Steve Simonelli, Jose Cruz, Elizabeth DeVesty, Austin Pierce and C.J. Anania of JLL represented the undisclosed seller in the transaction. Thomas Didio Jr., Gerard Quinn, Michael Mataras and Tyler Caricato, also with JLL, arranged acquisition financing for the deal through Balbec Capital on behalf of the buyer, SELA Realty Investments.
  • Deal
    FORT LEE, N.J. — JLL has negotiated the sale of Ridge Pointe, a 132-unit apartment building in the Northern New Jersey community of Fort Lee.

Article date: 2026-10-26T13:43:04+00:00

Frequently asked questions

Who bought the Ridge Pointe property?
SELA Realty Investments bought the Ridge Pointe property in Northern & Central NJ, New York, according to REBusiness Online.
When was this sale reported?
Reported Oct 26, 2026 by REBusiness Online.

Related deals in Northern & Central NJ

All Northern & Central NJ deals · More multifamily & mixed-use deals in New York · New York (incl. Long Island & NJ): this week and archive

Compiled from public sources; details can differ between sources. Always verify with the linked source.