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SANTA ANA, CA-Grubb & Ellis Apartment REIT has signed agreement to acquire nine multifamily properties totaling 2,676 units in three states from Oakton, VA-based MR Holdings LLC, as well as all of the assets of Mission Residential Management LLC, for $182 million. The Grubb & Ellis REIT also is negotiating with the tenant-in-common owners of six additional multifamily properties totaling 1,510 apartment units in North Carolina and Texas to acquire those properties for $99.5 million.


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