US Edition144-Unit Arrow Apartments Developed by Blue Fern in Lacey Trades Hands for $39.75MM - The Registry
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144-Unit Arrow Apartments Developed by Blue Fern in Lacey Trades Hands for $39.75MM - The Registry
By The Registry Staff An apartment complex in Lacey has traded hands. According to an announcement from Berkadia, the Arrow Apartments were recently sold for $39.75 million, or approximately $276,041 per unit. The property was completed in 2023 by Blue Fern Development and Teak Construction. According to Blue Fern’s website, the Arrow Apartments complex was completed for ownership group Willow Residential. Berkadia’s Mitchell Belcher, Jay Timpan…
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