trending Market Intelligence /marketintelligence/en/news-insights/trending/JkwD0pTe9k2_f-oxtPygDA2 content esgSubNav
In This List

Phoenix Realty, partner buy Kent, Wash., multifamily properties

Blog

Banking Essentials Newsletter: 17th April Edition

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Phoenix Realty, partner buy Kent, Wash., multifamily properties

Joint venture partners Phoenix Realty Group LLC and Hanover Real Estate Investors, through an affiliated entity, bought two multifamily apartment communities in Kent, Wash., for $79 million.

The properties, which offer 361 units, will be operated by Phoenix Realty and rebranded under its Alvista Communities brand.

Phoenix Realty plans to renovate and modernize the Lake Meridian and Royal Firs communities, which will be renamed Alvista Lake Meridian and Alvista 240, respectively.