RICHMOND, VA–One of the largest apartment communities in the Richmond metro area has traded for $37.5 million.
Crystal Lakes is a 716-townhome and apartment community that was built between 1967 and 1973. The buyer was Emet Capital Management.
Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group's Jorge Rosa, Anthony Liberto, Marc Robinson, and John Campanella represented the seller, Latitude Real Estate Investors in the transaction.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
