Just in time to avoid the possible collapse of the commercial real estate market, the City of Mount Rainier completed the sale of 3200 Rhode Island Avenue for $1.5 million to IFG Group Development and Construction. The property is approximately 33,000 square feet of vacant land the city bought more than 10 years ago for an inflation adjusted $1.1 million. IFG Group plans to build a $30 million mixed-use apartment complex. The transaction was scheduled to complete this past Friday. By Monday, the money had not yet shown up in the city’s accounts, causing some concern.