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

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

The RegistryJuly 29, 20222 Mins read838

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 […]

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