Acquisition of Maryland Residential Community, The Ivy Rockville
A joint venture between Fairstead and InterVest Capital Partners has acquired the Villas at Rockville, a 210-townhome community in the Shady Grove neighborhood of Rockville, Md., near Washington, D.C., for $90 million.
The sellers were a joint venture between Cove Property Management and Advantage Properties, which acquired the Villas at Rockville in 2016, according to property records. The price was not disclosed.
Read Full Article
