Commercial Real Estate Direct Staff Report AvalonBay Communities Inc. has paid $95 million, or $310,457/unit, for the 306-unit Alta Cherry Hills apartment property in Englewood, Colo. The Arlington, Va., REIT purchased the property, at 3650 South Broadway, from Bell Partners, which had acquired it in 2017 for $78 million. It then had funded it with a $51.84 […]

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