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State: Iowa - IA

Walnut Lake

MLG Capital has acquired Walnut Lake, a 180-unit apartment property in Urbandale, Iowa. The Brookfield, Wis., investment manager structured the purchase, from BH Equities, as part of a tax-deferred exchange. BH had bought the property in 2016 for $21.3 million. ...

Wakonda Village

A venture of Eastham Capital and Artisan Capital Group has paid $26.9 million, or $70,418/unit, for Wakonda Village, a 382-unit apartment property in Des Moines, Iowa. Eastham, of Boca Raton, Fla., and Artisan, of Chicago, purchased the property through Eastham ...

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