Home Finance Newport Beach MIG Real Estate Buys 104-Unit Cedar Rim Apartments in Newcastle for $53MM
FinanceIndustry NewsResidential

Newport Beach MIG Real Estate Buys 104-Unit Cedar Rim Apartments in Newcastle for $53MM

Share
Share

By Vladimir Bosanac The multifamily investment sales market across the greater Puget Sound region continues unabated. In a transaction that closed on July 28, 2022, Newport Beach MIG Real Estate purchased the 104-unit Cedar Rim Apartments in Newcastle for $53 million, or just around $509,615 per unit. The seller was Denver-based Aimco, which owned the property since […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

Featured Posts


Recent Posts

Related Articles

Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper

Essex Property Trust has lined up $275 million of unsecured bank debt...

Best Practice Architecture Turns 3,000 SQFT Capitol Hill Storefront Into Roma Roma Pizzeria With $250,000 Build-Out

Best Practice Architecture has completed Roma Roma, a 2,517-square-foot Roman-style pizzeria inside...

Seattle Absent From Top 10 as $2.26T Exit Boom Rewards Bay Area, Dallas and Denver

A new Deloitte and PitchBook report tracking a record $2.26 trillion in...

Infill Industrial Partners Buys Two Kent Warehouses From Blackstone Affiliates for $49.6MM

Infill Industrial Partners buys two Kent Valley warehouses totaling 257,098 SQFT from...