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Commercial Observer Bozzuto has paid $44.5 million, or $337,121/unit, for Gables 12 Twenty One, a 132-unit apartment property in Arlington, Va., about four miles west of Washington, D.C. The Greenbelt, Md., investor bought the four-story property from Gables Residential of ...
Fairfield Properties has paid $33 million, or $660,000/unit, for the 50-unit Horizon at Roslyn apartment complex in the Long Island community of Roslyn, N.Y. The Melville, N.Y., investor bought the 15-year-old property, at 61 Bryant Ave., along Hempstead Harbor, from ...
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