Monday, October 3, 2022
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City: Gaithersburg

Amber Commons

A venture of SKS Realty Partners and MRK Partners has paid $51.1 million, or $258,081/unit, for the 198-unit Amber Commons apartment property in Gaithersburg, Md.  It was purchased from RST Development of Rockville, Md.

Lakeforest Mall

The property, which originally was a $141.1 million CMBS loan that has been troubled for nearly 10 years, 72 percent occupied. The CMBS loan is backed by 402,625 square feet at the 1.1 million-sf shopping center, at 701 Russell Ave., ...

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