Corte Madera apartments reopen after $80M renovation
By Jeff Quackenbush
The Preserve at Marin luxury rental housing complex was officially reopened Friday after a two-year, nearly $80 million transformation of a vacant 126-unit apartment complex overlooking the Richmond–San Rafael Bridge.
Denver-based Apartment Investment and Management Co. (NYSE: AIV), or Aimco, completed the renovation of four of the seven buildings in summer and recently finished the rest.
The units are half-occupied so far, according to an Aimco spokeswoman.
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