Brief: Firm Capital Apartment REIT Announces The Acquisition Of A 50% Interest In A 245 Unit, Multi-Family Residential Building For $39.5 Mln

Zedcor

15/03/2021 21:29

March 15 (Reuters) - Firm Capital Apartment Real Estate
Investment Trust  FCA_u.V :
    * FIRM CAPITAL APARTMENT REIT ANNOUNCES THE ACQUISITION OF A
50%
INTEREST IN A 245 UNIT, MULTI-FAMILY RESIDENTIAL BUILDING FOR
$39.5 MILLION IN THE WASHINGTON D.C. METRO AREA AND CAD$5.0
MILLION PROMISSORY NOTE FINANCING
    * FIRM CAPITAL APARTMENT REAL ESTATE INVESTMENT TRUST -
JOINT
VENTURE IS PURCHASING PROPERTY FOR $39.5 MILLION OR ABOUT
$161,225 PER UNIT

Source text for Eikon:  ID:nGNXb40KST 
Further company coverage:  FCA_u.V 

 ((Reuters.Briefs@thomsonreuters.com;))