The Washington Housing Conservancy has paid $71.5 million, or $337,264/unit, for the 212-unit Loree Grand apartment property in Washington, D.C. The property was purchased from Nuveen Real Estate with financing from Eagle Bank, Amazon.com and a JBG Smith fund.

The post Washington, D.C., Apartments Sell for $71.5Mln, Get $64.79Mln of Financing appeared first on Commercial Real Estate Direct.