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Student Housing Near Miami Univ. Sells for $7.9M

Candlewood Terrace Trades for $26,000 Per Unit
By George A. Cerny
March 16, 2011 | 5:34 P.M.

An affiliate of Phillips Acquisitions, a student housing operator based in Virginia, purchased the 304-unit Candlewood Terrace Apartments in Oxford, OH, from Ogden Investments LP for $7.9 million or $26,000 per unit.

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