it was purchasing for $244 million At Indigo in Redwood City, California, construction continues on plan. We're under contract to purchase this property upon construction completion and anticipate closing the acquisition before our next call. We have commenced leasing at this property and have leased 9% of the 463 apartment homes, also at rents in excess of our underwriting.
it was purchasing for $244 million At Indigo in Redwood City, California, construction continues on plan. We're under contract to purchase this property upon construction completion and anticipate closing the acquisition before our next call. We have commenced leasing at this property and have leased 9% of the 463 apartment homes, also at rents in excess of our underwriting.
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