Commercial Real Estate Direct Staff Report Grupo Pontegadea has paid $322.24 million, or $774,615/unit, for Kiara, a 416-unit apartment property in Seattle. The investment firm, owned by Amancio Ortega, the Spanish founder of such fashion retailers as Inditex and Zara, purchased the property from Oxford Properties Group, which had acquired it in 2020 for $320 million. […]

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