Continental Realty Group and MLG Capital Purchase 112-Unit Apartment Complex in Durango, Colo. with plans to renovate the property called Skyline Apartments.
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PHOENIX, AZ - Tokyo-based Nippon Steel Kowa Real Estate Co., Ltd. (“NSKRE”), advised by Metzler Real Estate, has re-entered the U.S. real estate market in a joint venture with Denver-based Continental Realty Assets, Ltd. (“CRA”), a subsidiary of Continental Realty Group. The partnership acquired Arrive Fountain Hills, a 150-unit multifamily community in the Fountain Hills submarket of Phoenix, Ariz. The property was brokered by Cushman & Wakefield.
This acquisition.