Commercial Real Estate Direct Staff Report Clear Capital LLC has paid $32.1 million, or $178,333/unit, for the 180-unit Loramont on Thomas Apartments in Phoenix. The Irvine, Calif., investor purchased the property from Tower 16 Capital Partners of Encinitas, Calif., which had acquired it in 2019 for $11.7 million. Berkadia represented Tower 16 in the latest […]

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