Sunrise Management & Consulting in Latham has grown its multifamily apartment portfolio with the purchase of Halfmoon Garden Apartments in Clifton Park and Canfield Apartments in Gansevoort.
The sale was brokered by Dean and Ryan Taylor of Continuum Commercial Realty, and SEFCU financed the transaction.
Sunrise will manage the communities.
“Halfmoon Garden Apartments and Canfield Apartments are valuable assets that fit nicely into our portfolio,” said Jesse Holland, president of Sunrise Management & Consulting. “We were impressed with the way the longtime owners cared for the properties and wish them well in their retirement. We look forward to getting to know the residents.”
Canfield Apartments in Gansevoort includes 49 one- and two-bedroom apartments, a laundromat and an office. The community is located in a suburban setting where residents can stroll on the property’s lawns. It is an easy commute to Saratoga Springs or Glens Falls.
Halfmoon Garden Apartments in Clifton Park consists of 44 one- and two-bedroom apartments. It is centrally located near shopping and restaurants and is just a few minutes drive to Clifton Park Center Mall.
Sunrise Management & Consulting provides development consulting, marketing, leasing, and property management services for multifamily investors across the northeastern United States. Its professionals utilize innovative management and consulting programs to deliver consistent, dependable results that exceed industry performance standards.
For more information, visit www.sunrisemc.com.