Real estate trust lands Pennsylvania portfolio

Sale facilitated through 1031 exchange
Published on Aug 12, 2004

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by CareyBot

Marcus & Millichap arranged the sale of a five-property apartment portfolio in Delaware County, Pa. The total value of the portfolio was $12.4 million. RJL Realty Associates, a New York-based trust, acquired the 288-unit portfolio in a 1031 exchange. The ...