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ARLINGTON – The Palace, a 280-unit apartment community at 1601 Regency Ct., has been sold.
Built in 1971, the garden-style property was recently renovated to upgrade signage, building exteriors, and common areas.
JLL represented the seller, MBP Capital Inc., and procured the buyer, Raven Multifamily.
The community was 96.4 percent occupied at the time of sale.
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Source: REBusiness Online
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