Home Finance RISE & Tokyu JV Purchase 223-Unit Saddlebrook Apartments in Des Moines for $73.4MM 
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RISE & Tokyu JV Purchase 223-Unit Saddlebrook Apartments in Des Moines for $73.4MM 

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(EDITOR’S NOTE: According to public records, the property was sold for $73.4MM, or about $329,148 per unit.) Des Moines, WA — 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 the purchase of Saddlebrook Apartments, a […]

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