THE DONALDSON GROUP AND ANGELO, GORDON ACQUIRE 459-UNIT APARTMENT COMMUNITY IN TEMPLE HILLS, MD FOR $38 MILLION
The Donaldson Group (TDG) of Rockville, MD and its equity partner, New York-based Angelo, Gordon & Company (AG), have acquired a 459-unit apartment community in Temple Hills, MD for $38 million in an all-cash transaction. The seller, Tarragon Corporation of New York City, sold the property as part of a reorganization following Chapter 11 bankruptcy …
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