FPA Multifamily
Lone Star Funds Sells 539-Unit Eilan Luxury Residences
April 16, 2018Connect California

Lone Star Funds ended its hold on the 539-unit Eilan Luxury Residences, selling the San Antonio property to FPA Multifamily of San Francisco. The sales price was not disclosed, though was assessed at $102.6 million by the Bexar Appraisal District.

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Gelt Completes First Emerald City Acquisition, $74M for 491-Unit MF
April 9, 2018Connect California

Los Angeles-based Gelt Inc. acquired a two-property apartment portfolio totaling 491 units for $74 million in two submarkets 25 minutes south of downtown Seattle. The properties include The Row, a 247-unit asset in Kent (pictured above), and The Union, a 244-unit property in Federal Way.

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