Greyhill Group, a New York-based commercial real estate investment company, recently acquired Mill Hollow Apartments – an 84-unit multifamily property in Altamont, NY – for $22.5 million. Located at 48 Bavarian Wy near Albany and constructed in 2016, the Class-A apartment complex offers residents amenities such as a heated pool, gymnasium, movie theater and lake access with gas range grills and granite countertops.
This acquisition brings Greyhill’s total ownership of multifamily properties to over 600 units along with 1.3 million square feet of industrial warehouse space across two months following purchases of The Bleu in New Britain Connecticut and 380 Horace Street industrial warehouse located in Bridgeport Connecticut.