Pennsylvania apartments sold for redevelopment

Buyer plans to upgrade asset with luxury amenities
Published on Oct 9, 2007

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by CareyBot

A real estate investor/developer has purchased a 244-unit multifamily community in Glen Mills, Pa., for a price of $41 million. Villanova, Pa.-based Red Rocks Group bought the property, Coventry Crossing, from Chester Heights Associates LP at a price representing $168,032 ...

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