Wilshire Unlimited LLC has paid $54 million, or $214,285/unit, for Terra Heights, a 252-unit apartment property in Tacoma, Wash. The Hacienda Heights, Calif., investor purchased the property from Security Properties of Seattle, which was represented by Berkadia. The brokerage also arranged $48.33 million in financing for the purchase. The three-year loan was provided by ACORE […]
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