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Clarion Partners has paid $60 million, or $259,740/unit, for the 231-unit Citizen and Oake apartment property in Lakewood, Wash., some 10 miles south of Tacoma, Wash. The investment manager bought the garden-style property, at 5406 82nd St. SW, from Thayer ...
Multi Housing News A joint venture of Crescent Communities and ParkProperty Capital is breaking ground this month on NOVEL White Fence Farm, a 202-unit apartment property in Lakewood, Colo. Crescent, of Charlotte, N.C., and ParkProperty, of Atlanta, secured construction financing ...
Union Terrace office building is 86 percent leased to 13 tenants, with the U.S. General Services Administration taking up 24.97 percent of office space, or 21,015 sf, on a contract that expires in 2027.
Kallisto at Bear Creek apartment property is 96 percent occupied. Gelt structured its purchase as the second leg of a tax-deferred exchange, using proceeds from its $62.5 million sale of Monterra Ridge Apartments in Santa Clarita, Calif.; the $92 million ...
Covington Realty Partners has sold the 300-unit Westwood Green apartments in the Denver suburb of Lakewood, Colo., for $83.1 million, or $277,000/unit.
Gelt Inc. has sold the 400-unit Westhills Apartment Homes in the Denver suburb of Lakewood, Colo., for $92 million, or $230,000/unit.
96 percent occupied. The property backs a $96.3 million mortgage that was securitized through FREMF, 2017-KF29. The loan, which matures in December 2023, pays only interest for its first two years, after which it amortizes on a 30-year schedule, according ...
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