MIG Real Estate has paid $54.5 million, or $358,552/unit, for BluWater, a 152-unit apartment property in Everett, Wash. The Newport Beach, Calif., investor purchased the property from Coast Equity Partners of Everett, which had acquired it in 2014 for $25.5 million. Marcus & Millichap’s Institutional Property Advisors unit brokered the latest deal. The property is encumbered […]
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