BisNow AIR Communities has paid $220 million, or $482,456/unit, for The Elm, a 456-unit apartment property in Bethesda, Md. The Denver REIT bought the two-building property, at 4710 Elm St., from Carr Properties of Washington, D.C., in a deal arranged by Berkadia. It funded its purchase with a $155 million loan from Walker & Dunlop that […]

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