2014-04-30

Archon Group and Goldman Sachs have sold a large Renton apartment complex called Copper Ridge for just over $36.5 million, or 21 percent more than what the property traded hands for in 2012. It's the second major apartment property in Renton to sell recently. Last week, Los Angeles-based real estate investment firm TruAmerica Multifamily  paid $28.7 million for a 174-unit complex  called Montclair Heights. The buyer of the 325-unit Copper Ridge property, 4600 Davis Ave. S., is a limited…

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