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Cortland Partners Buying Multifamily Portfolio for $338 Million

ATLANTA – An affiliate of Cortland Partners is paying $338.5 million to buy a huge portfolio of 28 apartment complexes that will boost its presence in Texas significantly, an executive with the Atlanta-based multifamily firm said. The portfolio includes 5,464 units with a 93 percent occupancy rate with an average monthly rental rate of about $700. Twelve of the apartment ... Read More »

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