The 392-unit Lakes at Madera apartment property in the Houston suburb of Baytown, Texas, has changed hands for $30.6 million, or $78,061/unit. CityR Group, a Monsey, N.Y., investor group, sold the 40-year-old property to an unidentified buyer, in a deal arranged by Eastern Union, which also helped the buyer assume a $17.49 million Fannie Mae […]

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