The acquisition marks MG Properties' latest move in a Seattle-area buildout that has added roughly a dozen communities since 2015, following its $95.6 million purchase of Kent's Dockside Apartments last October. MG Properties has paid $53 million for Woodcreek Apartments, a 164-unit Lynnwood community, extending the San Diego-based investor's rapid build-out of a Seattle-area portfolio […]
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