(To read more on the multifamily market, click here.)

NORCROSS, GA-Seattle-based Orion Residential LLC has acquiredthe 382-unit Dunleaf Apartment Homes at 1300 Beaver Ruin Rd. andchanged its name to Orion at Gwinnett Pointe.

"The acquisition of Orion at Gwinnett Point represents anexample of our continued pursuit of quality apartment assets in theAtlanta market," says Orion president and CEO Brian Ward. "It isexceptionally well located immediately off a high traffic corridorand with close proximity to major freeways and employment centersalong with a high-quality amenity package."

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