Quad Property Group has paid $21.1 million, or $108,205/unit, for Arbor Square, a 195-unit apartment property in Shawnee, Kan. The New York investor purchased the property from Axiom Equities in a deal brokered by Northmarq. The brokerage, a lender under Freddie Mac’s Optigo program, also wrote a $13.85 million Freddie loan against the property. The […]

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