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Alto Apts Acquired for $62M

HMI Closes on First Major West Coast Multifamily Asset
By Marcella Vitulli
July 31, 2013 | 2:56 P.M.

Harbor Urban LLC and Cigna Realty Investors sold the 184-unit Alto Apartments at 311 Cedar St. in Seattle, WA to Hartz Mountain Industries, Inc. for approximately $61.97 million, or about $337,000 per unit.

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