Jefferson One Upland in Norwood, MA features 262 units. Jefferson One Upland in Norwood, MAfeatures 262 units.

NORWOOD, MA— Jefferson Apartment Group of McLean, VA and NewYork City-based KKR have sold the 262-unit Jefferson One Uplandcommunity here for $103.6 million.

The deal marked the first sale in JAG's Income Fund. Thecommunity was acquired through a joint venture withKKR and JAG in 2017. The property was acquired by SaltLake City-based Cottonwood Residential, according to publishedreports.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.