LAKE JACKSON – New York-based Nord Group has purchased Edgewater Apartments from Chicago-based Redwood Capital Group.
The 228-unit community was built in 2005 at 514 That Way St. It consists of 19 two-story residential buildings and a one-story clubhouse on 12 acres.
Edgewater has one- and two-bedroom units ranging from 742 to 1,319 sf.
Berkadia brokered the sale.
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Source: Realty News Report