Multifamily developer and operator Mill Creek Residential has sold off one of its numerous Puget Sound area assets, marking one of the biggest transactions of the quarter to-date. In a sale that closed on September 9th, Mill Creek sold Modera First Hill for $125 million, or about $434,000 per unit. According to public documents, the buyer is an entity affiliated with OZH Holding 4 LLC, based in Bellevue.
For the full story, go to The Registry Puget Sound.
© 2020 Mighty Dot Media, Inc. All rights reserved.