FPA Multifamily has paid $47 million, or $343,065/unit, for Summit at Hyland Park, a 137-unit apartment property in Beaverton, Ore. The San Francisco investment manager purchased the property from DB Capital Management of Playa Vista, Calif., which had acquired it in 2019 for $34.1 million. JLL Capital Markets represented DB Capital in the latest deal. The […]
The post FPA Multifamily Pays $47Mln for Apartment Property Near Portland, Ore. appeared first on Commercial Real Estate Direct.
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