The trophy office asset has traded twice in the last decade.
The Harbor Group is buying the 31-building garden apartment complex for $239,454 per unit.
“This program allows the property owner to achieve the same returns via the workforce housing mezz loan as they would through a standard rent increase.”
Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!
- Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
- Exclusive discounts on ALM and GlobeSt events.
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.
Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.