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May 02, 2018  

Southern Apartment Portfolio on Block

A package of 12 apartment properties in five Southern states is on the market with expectations it could fetch nearly $250 million.The portfolio encompasses 2,671 units in North Carolina, South Carolina, Georgia, Alabama and Texas. Investors can bid on individual properties, any combination or the entire package. The estimated value works out to $94,000/unit. Cushman & Wakefield is advising the owner, Elite Street Capital of Houston.The...

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