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Edge at Greentree apartments near Pa.-Del. border sell for $31.1M

The Galman Group has sold the Edge at Greentree, a 286-unit, garden-style apartment community in Claymont, Del., for $31.1 million, according to Holliday Fenoglio Fowler LP, which marketed the property for Jenkintown-based Galman.

The 26-building community near the Delaware-Pennsylvania state line was acquired by "a joint venture between two private, Northeast-based groups," HFF said in a release on Tuesday.

The property is 96 percent leased, HFF said.