BORGATA APT HOMES SELLS FOR $13M

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RENTON, WASH. – The 83-unit Borgata Apartment Homes in Renton has been sold to a joint venture between Grosvenor USA and MT Asset Management LLC for $13.2 million. MT Asset Management is a partnership between Mosaic Homes and Thrive Communities. The transaction was brokered by Philip Assouad and Giovanni Napoli of Kidder Mathews.

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