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April 11, 2018  

Suburban Apartment Portfolio for Sale

A Building and Land Technology partnership is pitching five suburban apartment complexes to core-plus and value-added investors.The garden-style properties, which encompass 1,248 apartments, are valued at roughly $215 million, or $172,000/unit. They are in four states — Virginia, Louisiana, North Carolina and Washington — and have an overall occupancy rate of about 95%.Investors can bid on individual complexes or any combination. At...

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