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Hampshire Affiliate Scoops Up Frederick, Maryland, Apartments for $85 Million

Transaction Reflects 85% Increase in Value Over Past Four Years
The Fields at Rock Creek in Frederick, Maryland, sold for $85 million. (CoStar)
The Fields at Rock Creek in Frederick, Maryland, sold for $85 million. (CoStar)

Rose Valley Capital, a New York-based affiliate of Hampshire Properties, paid $85 million for a Frederick, Maryland, apartment complex last week, brokerage Cushman & Wakefield confirmed Tuesday.

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