TGM Associates Sells Multifamily Community in Fairless Hills, PA

NEW YORK, July 31, 2014 /PRNewswire/ -- TGM Associates L.P., owner of three multifamily properties in Pennsylvania announced today the sale of TGM Hidden Forest Apartments to Castellan Real Estate Partners.  The broker on the transaction was CBRE Philadelphia, John McFadden and Robert Miller.  TGM Hidden Forest is located in Fairless Hills, PA and has 238 apartments.  TGM purchased Hidden Forest in 2003.  Terms of the transaction were not disclosed.

About TGM Associates
Founded in 1991, TGM Associates is a SEC registered investment advisory firm with a single focus -- multifamily properties. TGM specializes in acquisitions, property management, leasing, construction, property maintenance and dispositions. TGM provides investment advisory services regarding the acquisition, management and sale of multifamily properties throughout the United States. An affiliate of TGM provides property management under the brand TGM Communities.  As of March 31, 2014, TGM has invested approximately $2.1 billion in 123 multifamily properties throughout 28 states.  TGM's current multifamily portfolio contains properties in 12 states. 

To learn more about TGM Associates please contact Michael Frazzetta, CFO
Phone: (212) 830-9336, E-mail: [email protected]

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SOURCE TGM Associates L.P.

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