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Real Estate Buzz
 Nat Levy Real Estate Reporter |
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May 1, 2014
Real Estate Buzz: That's a lofty price for Joseph Arnold Lofts
By NAT LEVY
Real Estate Reporter
Real Estate Reporter
The Schuster Group sold its newest apartment building, Joseph Arnold Lofts, this week for a hefty sum: $68.2 million.
That breaks down to $699.63 a square foot, which is a record for this region, according to Dupre + Scott Apartment Advisors. The per unit price — $511,194 — is the second highest ever paid in this region.
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