Facebook Twitter LinkedIn Google Plus RSS

Kushner Cos. acquires Long Branch hotel

By ,
The Bungalow Hotel at Long Branch's Pier Village.
The Bungalow Hotel at Long Branch's Pier Village. - ()

Kushner Cos. has acquired the 24-room Bungalow Hotel in Long Branch’s Pier Village, a mixed-use community of retail shops and apartments located on the city’s shoreline.

Former Kushner CEO Jared Kushner, son-in-law of President Trump, has an ownership stake in Pier Village, which recently underwent a $283 million expansion.

“Since it first opened its doors in 2009, Bungalow Hotel has attracted both tourists and local guests with a creative spirit,” Kushner Head of Hospitality Will Obeid said. “We were impressed by the hotel’s spacious room layouts and vibrant design, which attracts an upscale clientele for both long-term and short-term stays.”

The hotel is the latest addition to Kushner’s Long Branch portfolio, with investments including 250,000 square feet of retail and more than 760 residential homes. 

You May Have Missed...

Elana Knopp

Elana Knopp


Elana Knopp covers all things real estate for NJBIZ. You can contact her at eknopp@njbiz.com.

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

close