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Donaldson Impact Investments, NYL Acquire Yorkshire Apartments
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Donaldson Impact Investments, NYL Acquire Yorkshire Apartments
Donaldson Impact Investments, in partnership with New York Life Investment Management and Housing Initiative Partnership, announced the acquisition of Yorkshire Apartments, a 326-unit garden-style community in Silver Spring, Maryland. New York Life Investment Management is the majority investor in the $79.4 million transaction. Yorkshire Apartments will transition from market-rate housing to a mixed-income affordable housing community. Under thi…
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