$62m luxury buy.SSR (Scalable Sampling Rate) See AAC. SSR - Scalable Sampling Rate Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Advisors, Inc. announced the acquisition of 180 North Jefferson Jefferson, uninc. city (1990 pop. 25,782), Fairfax co., N Va. It is a residential suburb of Washington, D.C. , a newly developed, 28-story high-rise apartment complex in Chicago. The property was purchased for $62 million on behalf of one of its managed funds. 180 North Jefferson contains 274 units in a mix of 12 different styles. The property includes an adjacent 279-car garage and approximately 7,763 square feet of retail space. "180 North Jefferson's strategic location and market demand for this type of high-quality apartment property is expected to provide attractive returns." said Ted Koros. Senior Portfolio Manager for the fund. "The property also offers Class A finishes, a complete amenity a·men·i·ty n. pl. a·men·i·ties 1. The quality of being pleasant or attractive; agreeableness. 2. Something that contributes to physical or material comfort. 3. package, and ample parking." |
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