Wallkill Apartments LLC, an affiliate of the Montel, Ltd. and Mountco Construction & Development Corp. (Mountco) closed on the acquisition and rehabilitation of 75 units of senior housing

Wallkill Apartments LLC, an affiliate of the Montel, Ltd. and Mountco Construction & Development Corp. (Mountco) closed on the acquisition and rehabilitation of 75 units of senior housing with a total development cost of approximately $15,600,000. The project is located in Middletown, New York and the rehabilitation work will start construction in early 2018 and be completed by the end of that year. Mountco is the general contractor for that project.

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