336-unit apartment complex sold

Print
Font Size:
Default font size
Larger font size

Posted: Friday, May 10, 2013 12:00 am

The 336-unit Whispering Ridge Apartments in northwest Omaha has been purchased by Investors Real Estate Trust Properties for $28.3 million -- increasing IRET’s apartment inventory to nearly 1,400 units in the Omaha and Lincoln areas.

The nine-building Whispering Ridge complex that spans 18 acres was built in 2010 near 175th Street and West Maple Road. It will be managed by IRET Properties.

IRET owns and operates multifamily residential and commercial properties located primarily in the upper Midwest. Based in Minot, N.D., it has offices in Minneapolis as well as Omaha.

Copyright ©2014 Omaha World-Herald. All rights reserved. This material may not be published, broadcast, rewritten, displayed or redistributed for any purpose without permission from the Omaha World-Herald. To purchase rights to republish this article, please contact The World-Herald Store.


loading...

SPOTLIGHT »

Inside Business
To submit an announcement for "Inside Business", click here. For questions call (402) 444-1371 or e-mail announcements@owh.com.

World-Herald Alerts

Want to get World-Herald stories sent directly to your home or work computer? Sign up for Omaha.com's News Alerts and you will receive e-mails with the day's top stories.