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The deal for the Plantation at Walden Lake community is a value-add play for the new owner—Bridge Investment Group, according to Cushman & Wakefield, which represented the seller in the transaction.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
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The asset was purchased from Steel Peak, which plans to seek investment opportunities throughout the Western US.
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Tech adoption in routine repairs pays off for property portfolios.
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Net absorption slips as speculative construction falls to a four-year low.