The community will transition to in-house operations under Moon Street, the firm’s dedicated property management division. Jason S. Weissman, principal at The Broadway Company, noted that the acquisition addresses a critical need for stable, affordable housing in an environment where land and construction costs are climbing. The management transition will integrate the firm's proprietary reporting and analytics systems to enhance resident services.

Founded in 2011, The Broadway Company has completed over 90 investments, focusing primarily on multi-family and manufactured housing. The firm remains committed to targeted expansion in New Jersey, leveraging its existing infrastructure to manage assets that serve as long-term housing solutions.