JLL Income Property Trust has paid $61 million, or $333,333/unit, for the 183-unit Creekview Crossing apartment property at 21759 SW Cedar Brook Way in Sherwood, Ore., 12 miles from downtown Portland, Ore. The Chicago REIT, whose shares do not trade on any exchange, bought the 15-year-old property from its developer, an investor group led by […]
The post JLL Income Pays $61Mln for Ore. Apartments, Assumes $26Mln HUD Loan appeared first on Commercial Real Estate Direct.
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