Low Income Housing Institute Pays $22.5MM for 82-Unit Tacoma Apartment Building

By Catherine Sweeney In an effort to provide affordable housing options to those living in the Puget Sound, Low Income Housing Institute (LIHI) is buying up more multifamily property. In one recent transaction, the organization paid $22.5 million, or about $274,390 per unit, for The Heron apartment building in Tacoma. The property was sold by […]