Multi-Housing News PRG Real Estate has purchased Heather Lake, a 252-unit apartment property in Hampton, Va., for $45.5 million, or $180,556/unit. The Philadelphia investment manager bought the garden-style property, at 99 Tide Mill Lane, from Artcraft Management of Glen Allen, Va., in a deal brokered by Berkadia. The brokerage also provided $27.4 million of Fannie […]

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