The Real Deal Hines has paid $44 million, or $463,157/unit, for 88 Hillside, a 95-unit apartment property in Daly City, Calif. The Houston investment manager purchased the property from Equity Residential, a Chicago REIT. CBRE secured a $25 million loan to facilitate the purchase. The fixed-rate loan pays 5.4% coupon and was provided by a […]

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