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Home Finance RISE Properties & Tokyu Land Buy Renton Apartment Complex for $97.5MM
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RISE Properties & Tokyu Land Buy Renton Apartment Complex for $97.5MM

October 8, 20182 Mins read1.5k
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RISE Properties is at it again. After making three sizable apartment community acquisitions in the Puget Sound region this year, the company just invested nearly $100 million to acquire the Alaire Apartment Homes in Renton from Palo Alto, Calif.-based Pacific Urban Residential. RISE spent $97.5 million, or just over $273,109 per unit, for the 357-unit […]

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