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Klingbeil Capital Management has acquired the 360-unit Ridgeleigh at Van Dorn Metro apartment community in Alexandria, Va., for $91.5 million, or $254,167/unit. Klingbeil, of Columbus, Ohio, bought the property at 5901 Coverdale Way from Waterton Associates, which in 2007 had ...
Commercial Real Estate Direct Staff Report JLL Income Property Trust has sold four student-housing properties with a total of 1,212 units for $123 million, or nearly $101,500/unit. The Chicago REIT, whose shares do not trade on any exchange, sold the ...
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