Industry Veterans Close First Acquisition with New Vehicle
Skylight Real Estate Partners, a privately held real estate investment firm, has acquired Infinity Edgewater, a 100-unit mixed-use property in Edgewater, NJ. In a joint venture with PCCP, Skylight closed its first deal under the leadership of industry veterans Bennat Berger, Gavin Evans, Benjamin Joseph, and Andrew Miller.
Located at 340 Old River Rd. in this high-barrier-to-entry Bergen County submarket, the five-story building comprises a mix of one- and two-bedroom apartments with condo-level fixtures and finishes. The property also features a curated amenity suite
“This acquisition directly aligns with our core investment thesis, which focuses on assets in supply constrained markets that allow our team’s diverse experience to add value through enhancements, or development executions,” said Miller. “We are grateful to our partners at PCCP and look forward to expanding our footprint together in established and stable markets across the East Coast.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).