Real Estate
The new owner has renamed the 104-unit fully affordable multifamily asset and plans to invest in capital improvements. : United Property Associates has sold the Tarrytown Apartments, a 104-unit fully affordable community in Newport News, Va., to West End Capital Group for $3.9 million, according to Yardi Matrix. The buyer rebranded the property as Jefferson Flats. The asset last changed hands in late 2004 for $3.6 million. Located at 11112 Tarrytown Court, the community is alongside U.S. Highway 17, less than 6 miles north of downtown Newport News.

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