R.K. Properties: RK Properties Sells TIC/Fund Multifamily Property for $55.3 Million, Reports Hefty Return

RK Properties, a sponsor of private placements and 1031 exchange offerings, has sold Parkway Vista located in Atlanta for nearly $55.3 million. The sale was facilitated on behalf of one of the company's tenant-in-common 1031 exchange programs and the RK Opportunity Fund IV. The property was originally purchased in January 2017 for $29 million. According [...] The post RK Properties Sells TIC/Fund Multifamily Property for $55.3 Million, Reports Hefty Return appeared first on The DI Wire.