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Waterford At The Lakes Sells For $83.2 Million

Joint Venture Acquires 344-Unit Multifamily Property in Kent
By Noel Bigay
CoStar Research
June 7, 2019 | 8:47 P.M.

Rise Properties Trus and Tokyu Land US Corp. has acquired Waterford at the Lakes Apartments, a 344-unit multifamily property located in Kent from TIAA-CREF Investment Management, LLC for $83.2 million, or about $241,860 per unit.

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