RedHill Claims Federal Way, WA MF for $72M
March 14, 2019 • Connect CaliforniaThe MIRO at Dash Point Apartments, a 386-unit multifamily garden-style property in Federal Way, WA, traded hands for $71.5 million.
The MIRO at Dash Point Apartments, a 386-unit multifamily garden-style property in Federal Way, WA, traded hands for $71.5 million.
FPA Multifamily LLC sold a pair of multifamily communities in Mission Viejo, Calif., and Federal Way, Wash., in separate transactions worth $76 million and $71.5 million, respectively.
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of The Dylan Apartment Homes, a multifamily property located in Oceanside.
ReNew at the Shops, a 400-unit garden-style multifamily property in Mission Viejo, CA, has sold for $76 million.
Miro at Dash Point, at 31004 19th Place S.W. in Federal Way, has sold for just over $71.3 million, according to King County records.
Activity in the Puget Sound region’s multifamily market shows no signs of slowing, and local and out-of-town investors alike are looking further afield to acquire in-demand assets.
San Francisco-based FPA Multifamily LLC has sold two metro Denver apartment communities for a total of $48.25M.
HFF has arranged the sale of Wheaton Center, a 758-unit, multi-building apartment complex in the west Chicago suburb of Wheaton, IL, to FPA Multifamily LLC. The purchase price was not disclosed; Crain’s Chicago Business cited estimates of $135 million. Read More
A partnership between San Francisco-based FPA Multifamily LLC and Southern California-based Trinity Property Consultants has acquired a mixed-use development located at the intersection of Westheimer Road and Kirby Drive in Houston.
Holliday Fenoglio Fowler, L.P. (HFF) announces the $42.5 million sale of Stone Rise, a 216-unit, Class A multi-housing community in the Philadelphia suburb of Glenmoore, Pennsylvania.