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REA
February 27, 2019  

NEW DEALS

Washington Apartment ComplexAkelius Residential is buying a Washington apartment property for roughly $47 million. The Swedish investment firm has agreed to pay about $299,000 apiece for the 157 units at Harvard Hall, a seven-story building at 1650 Harvard Street NW. The deal is expected to close soon, with Newmark representing the seller, Greenhill Cos. of Bethesda, Md. The 1929-vintage property is 98% occupied, but was touted as a value-added...


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