Atlanta apartments snagged in TIC deal

Extensive, costly renovation planned
Published on Jun 11, 2008

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by CareyBot

Beverly Hills-based ExchangePoint Properties LLC today announced the completion of a TIC transaction for Cameron Brook Apartments, a 440-unit apartment complex in Atlanta, Ga.

Within five months of acquiring the property for $26.2 million, ExchangePoint completed the sale of the apartment complex to 35 TIC investors.

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