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Clipper Capital Group Sells 51-Unit Beacon Manor Apartments in Ferndale, WA

Clipper Capital Group is pleased to announce the acquisition of Pinehurst at Flagstaff in Flagstaff, AZ. Escrow closed on the property on June 5, 2023.

Located at 2308 Douglas Road, Beacon Manor was built in 2006 and comprises a mix of two-, three-, and four-bedroom LIHTC floor plans. Community amenities include off street parking, a playground, and high speed internet.

Clipper Capital Group plans to utilize their exit from the Ferndale market to acquire additional units throughout the American Southwest and further diversify the Company's portfolio.


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