(To read more on the multifamily market, click here.)
DECATUR, GA-New York City-based GFI Capital has acquired the1,092-unit Kensington Station Apartments here for $32 million. Theseller was RFI Associates of Baltimore.
In addition to the apartment complex, the transaction included90 acres of undeveloped land. Both the land and the apartmentcommunity are across from the Marta Station, according to JoshuaGoldfarb, managing director of Southeast Apartment Partners.Goldfarb and his partner Marc Robinson, also managing director,brokered the deal.
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