Next Wave deal shows California private equity is still keen on the Pacific Northwest

Ashley Terrace in Vancouver sold to a Southern California private equity firm, the group’s latest purchase in the Pacific Northwest

California private equity money continues sloshing into the Pacific Northwest apartment market. Next Wave Investors recently paid $23.85 million for Ashley Terrace, an apartment complex with 118 units across from Bagley Community Park in Vancouver.

Article Source: BizJournal.com