Multi-Housing News Next Round Asset Management has paid $42 million, or $115,384/unit, for Standard Raintree, a 364-unit apartment property in Tucson, Ariz. The Fremont, Calif., company purchased the property from SPL Cos., which had acquired it in 2017 for $12.5 million. NorthMarq’s debt & equity team secured a $31.3 million bridge loan to finance the […]

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