Press

January 12, 2022

Skylight Real Estate Partners has acquired Infinity Edgewater

Skylight Real Estate Partners, a privately held real estate investment firm, has acquired Infinity Edgewater, a 100-unit mixed-use property in Edgewater, New Jersey.

In a joint venture with PCCP, LLC, Skylight Real Estate Partners closed its first deal under the leadership of industry veterans Bennat Berger, Gavin Evans, Benjamin Joseph, and Andrew Miller.

Located at 340 Old River Road, the five-story complex was listed for sale in the Spring at $55 million.

Located at 340 Old River Road, the five-story building comprises a mix of one- and two-bedroom apartments, a curated amenity suite inclusive of a fitness center with a steam room spa, …

Infinity Edgewater
November 23, 2021

New Firm Pays $50M for Edgewater Multifamily

Skylight Real Estate Partners acquired NJ property with PCCP.

A new player has entered the real estate market with its first purchase of a multifamily asset in Edgewater, New Jersey.

Skylight Real Estate Partners, in a joint venture with PCCP, acquired Infinity Edgewater, according to the Commercial Observer. The deal cost slightly more than $50 million and the JV received a $34.5 million, five-year, floating rate loan from PGIM to fund the acquisition.
Skylight is being helmed by industry veterans with track records at big names like Related Companies and Columbia Property Trust. The company is reportedly eyeing value-add, development and distressed opportunities …

Edgewater Multifamily
November 22, 2021

Skylight Real Estate Partners Makes Market Debut With NJ Multifamily Acquisition

PGIM provided $34.5 million in acquisition debt for the purchase.

Skylight Real Estate Partners has officially closed its first deal, Commercial Observer has learned.

The firm — led by industry veterans Bennat Berger, Gavin Evans, Benjamin Joseph and Andrew Miller — has acquired Infinity Edgewater, a 100-unit mixed-use property in Edgewater, N.J., in a joint venture with PCCP.

“We are thrilled to complete our first investment as Skylight Real Estate Partners with the purchase of this premium apartment community,” Miller said, referring to Edgewater as an extremely desirable and high-barrier-to-entry sub-market. “This acquisition directly aligns with our core investment thesis, which focuses on …

NJ Multifamily Acquisition
November 22, 2021

Skylight Real Estate Partners Acquires 100-Unit Mixed-Use Building in Edgewater

Skylight Real Estate Partners, a recently launched real estate investment firm led by industry veterans Bennat Berger, Gavin Evans, Benjamin Joseph and Andrew Miller, closed on the acquisition of Infinity Edgewater, a 100-unit mixed-use property in Edgewater, its first deal under the company’s brand, in a joint venture with PCCP LLC, according to a Monday announcement.

Located at 340 Old River Road, the five-story building comprises a mix of one- and two-bedroom apartments with condo-level fixtures and finishes, in addition to a curated amenity suite. There is also 5,500 square feet of retail space directly below the building, which is currently …

100 unit mixed use
January 12, 2022

Skylight Real Estate Partners has acquired Infinity Edgewater

November 23, 2021

New Firm Pays $50M for Edgewater Multifamily

November 22, 2021

Skylight Real Estate Partners Makes Market Debut With NJ Multifamily Acquisition

November 22, 2021

Skylight Real Estate Partners Acquires 100-Unit Mixed-Use Building in Edgewater