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Avana Lenox

ATLANTA—Passco Cos., a privately-held Irvine, CA-based commercial real estate company, has acquired Avana Lenox, a 423-unit apartment community here. The acquisition brings Passco’s current Atlanta multifamily portfolio to more than 1,800 units. The firm purchased the asset from Greystar, who will remain the property manager for the community, for a total consideration of $106.5 million.

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