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

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

The RegistryOctober 8, 20182 Mins read1.3k

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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