Monday, August 7, 2017

Radnor Property Group Sells 3737 Chestnut Apts

Korman Residential Properties and The Carlyle Group have acquired the 3737 Chestnut apartment building at 3737 Chestnut St. in Philadelphia, PA for $118 million, or about $428,000 per unit, from Radnor Property Group.

Radnor delivered the 25-story, 216,912-square-foot property in August 2015 at a cost of $92.5 million. Today the 276-unit multifamily asset is fully leased.

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