RISE Properties Trust and Tokyu Land US Corporation Spend $83.2MM for Waterford at the Lakes Apartments in Kent

SEATTLE, (May 31, 2019) — RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Tokyu Land US Corporation (“Tokyu”), a fully-integrated real estate development and investment company, today announced their purchase of Waterford at the Lakes Apartments in Kent for $83.2 million ($241,860 per unit). The transaction, brokered by CBRE, represents the […]