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Carmel Partners Inc., a San Francisco-based private real estate investment firm, announced that it has acquired four new properties in the Washington, D.C., region for a total of $106.5 million.
Carmel Partners Investment Fund II LP purchased The Summit Apartments in Alexandria, Virginia, as well as The Chesterfield Apartments, Windsor Towers and Stratford Towers in Arlington, Virginia.
The Summit, a 141-unit apartment complex, is located close to Washington, D.C., and Northern...