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AvalonBay Communities Continues Acquisition Spree
Having recently closed on the acquisition of a large number of units in a portfolio acquisition, AvalonBay finds yet another property to add to their portfolio. Yale Village Townhomes in Rockville, Maryland consists of 210 rental townhomes near Montgomery College.
Yale Village Townhomes is an addition to other acquisitions in the area by AvalonBay. Recent acquisitions in the Maryland market include the 684 unit Grove Park Apartments in Gaithersburg and the 348 unit property, The Apartments at Briarwood, in Owings Mills.
LM Consultants is proud of our involvement in the recent acquisitions. All of these projects further illustrates our nationwide presence and capabilities in the Washington D.C. market.
For additional information on the Yale Village Townhomes acquisition, please see the Washington Business Journal article authored by Tierny Plumb here: http://bit.ly/ijUsoq
©LM Consultants, Inc. 2009
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