CBG Building Company

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  • Jacksonville Community Changes Hands

    Mody Real Estate Group traded the nearly 200-unit property for almost $11 million, providing a 3-year acquisition loan to the buyer.

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    The 129-unit Kings Gate in Sterling Heights traded with the help of a $7 million loan. The property is close to several shopping centers and educational institutions.

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    The transaction marks the buyer’s second acquisition in the Federal Way submarket in the past 12 months, bringing the firm’s Seattle-area portfolio to more than 600 units.

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