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SEATTLE-The Pinnacle Family of Cos. has purchased Shorewood Heights, a multifamily community comprised of 645 apartment homes located on Mercer Island, WA. Pinnacle sources cannot release the identity of the purchase price or seller due to a confidentiality agreement, except to say that the seller goes by Shorewood Heights Apts LLC of Des Moines, IA. However, an unidentified source not involved in the deal tells GlobeSt.com that it changed hands for approximately $110 million.


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