EAST ORANGE, NJ-Gaia Real Estate Co. has partnered with Harel Insurance Investments & Financial Services Ltd., one of Israel’s largest insurance companies, to invest in residential real estate in the US and, specifically, the Tri-State area.

To that end, Gaia has acquired several hundred residential units in three separate deals: a 48-unit building on Manhattan’s Upper West Side at 5 W. 91st St. for $16.75 million; a 20-story, 265-unit high-rise here for $30 million; and a 92-unit multifamily property at 38 Balaban Rd. in Colchester, Connecticut for $5.4 million.

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