The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview
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Move adds 114,865 square feet to holdings
Newer building comprises 1,100-plus units
Ground lease totals nearly 1 million square feet
Nearly 750,000 square feet changes hands
ARC frees up cash to focus on New Jersey projects
Deal includes nearly a dozen facilities
Deal includes 5 buildings, land for development