Low-Income Housing Development in Renton Sells for $48.8MM

Torrance, CA-based Preservation Partners Management Group purchased another low-income housing development, Royal Hills Apartments in Renton, for $48.8 million or about $171,831 per unit in a deal that closed May 1st. According to King County public records, two LLCs associated with Preservation Partners Management were both the sellers and the buyers. King County public records […]