Case Study: Client Sells Signature Multifamily Residential Property in Maryland
By: Womble Carlyle Team
In March 2010, Pacific Coast Capital Partners (PCCP) decided to sell Congressional Village, a 404-unit apartment complex in Rockville, Md., a Washington, D.C. suburb. PCCP recently had taken control of Congressional Village when it purchased Lehman Brothers’ preferred equity position in the property-owning entity.
But selling the property was complicated by a number of factors.
1 Comments:
Haven't came across this case until recently. I do think it's an interesting case study which I'll have to follow.
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