By Andrew McIntyre ( April 24, 2020, 6:05 PM EDT) -- A venture of private equity shop JCR Capital and investment firm Blue Ocean has purchased a Savage, Maryland, apartment complex for $24.5 million and is paying more than $5 million more to renovate the property, Commercial Observer reported on Friday, citing sources with knowledge of the matter. The deal is for the 144-unit River Front Apartments, according to the report, which did not name the seller....
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