Commercial Observer Pacific Urban Investors has paid $127.5 million, or $678,191/unit, for the 188-unit Leonard Pointe Apartments in Brooklyn, N.Y. The Palo Alto, Calif., investor acquired the property from UDR Inc., which had purchased it in 2019 for $132.3 million. JLL brokered the latest transaction. Leonard Pointe, at 395 Leonard St., was built in 2014 […]

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