(Read more on the multifamily market.)
MARIETTA, GA-Atlanta-based Claret Capital LLC has acquired twoapartment communities, the 400-unit Highland Trace Apartments andthe 181-unit Highland Heights Apartments, for $25.5 million. Thisis the first purchase for Claret Capital, which was recently formedand is headed by Lee Terry.
Atlanta-based Miles Properties sold the properties.Atlanta-based Brown Realty Advisors multifamily specialists JudyMacManus and Phil Carabillo represented Miles Properties.
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