MANASSAS, VA – The joint-venture partners, Blackfin Real Estate Investors and a fund managed by Clarion Partners LLC have purchased the 444-unit, Ravens Crest apartments in Manassas, VA for $113 million.
The multifamily asset was purchased from a partnership between LCOR and a fund managed by Ares Management Corporation's real estate group.
The recently-updated garden-style apartment community offers one-bedroom and two-bedroom floorplans. The property's units now feature stainless steel appliances, updated lighting, cabinetry, granite countertops, walk-in closets, balconies or patios and wood-style flooring. The property also features a newly-renovated clubhouse and fitness center, a business center, a picnic area with grills, a playground, a private swimming pool, an outdoor kitchen and recreation areas.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
