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Sale of Apartment Complex Finalized

Parsippany-based LCL Equities has paid Paxton Hills Associates Ltd. $9.3 million for Twelve Trees Apartments, a complex located in the Harrisburg, Pa., suburb of Paxton Township, according to the firm that brokered the deal.Parsippany-based LCL Equities has paid Paxton Hills Associates Ltd. $9.3 million for Twelve Trees Apartments, a complex located in the Harrisburg, Pa., suburb of Paxton Township, according to the firm that brokered the deal. The Kislak Company Inc. represented LCL and Paxton Hills Associates in the all-cash transaction.

Twelve Trees, a 136-unit apartment and townhome complex, is 95 percent occupied, according to Woodbridge-based Kislak.