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MRP Realty Nabs 400-Unit NoVa Community

March 1, 2018

GID Real Estate Investments has sold Windsor at Arbors, a 400-unit residential property located in Alexandria, Va. MRP Realty, along with an institutional partner, purchased the asset in a transaction brokered by Walker & Dunlop Investment Sales LLC (WDIS), expanding its D.C.-area multifamily portfolio. According to Yardi Matrix, the community’s most recent prior sale was in 1996, when the asset traded for $27 million.

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