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.
www.omegare.com
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