|
Date |
ArticleType |
|
3/1/2017 |
|
Denver company enters Northwest Arkansas apartment market with $53.3 million deal |
|
|
By Paul Gatling
TBP
A Denver-based real estate firm has entered the Arkansas market in a significant way, with a $53.3 million acquisition.
That's the amount Cardinal Group Management (CGM) paid for Hill Place Apartments, a 42-acre student housing development in Fayetteville. The real estate deed was filed Friday (Feb. 24) at the Washington County Courthouse. The price equates to $185,173 per unit (288) and $63,488 per bedroom (840).
CGM made the purchase in the name of Cardinal Group Fayetteville LLC.
Read more....
|
|
|