Equus Capital JV Pays $46M for Tacoma-Area Asset

  • May 18, 2023
  • Multihousing News

A joint venture between Equus Capital Partners and a public pension plan has acquired Sierra Sun Apartments, a 150-unit multifamily community in Puyallup, Wash., in the Tacoma area. Hamilton Zanze & Co. sold the asset for $45.8 million, according to Yardi Matrix data. The transaction involved a $28.6 million Fannie Mae loan originated by Walker & Dunlop.

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