Reported 3 days ago
Foulger Pratt, in collaboration with PCCP LLC and Tryline Capital, is set to acquire four properties from AvalonBay Communities, totaling 1,248 units primarily located in Washington, D.C. The first phase includes three properties with plans for targeted renovations and asset management to enhance value. This acquisition aligns with Foulger Pratt's strategy to invest in high-quality multifamily assets at discounted prices in promising markets.
Source: YAHOO