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Falcon/Clarion JV Pays $37M for Austin Apt. Complex

AMLI Sells 354-Unit Lantana Ridge
By Chatea Coates
December 28, 2011 | 4:47 P.M.

Austin, TX-based Falcon Southwest and joint venture partner Clarion Partners of New York purchased a 354-unit apartment complex in Austin. AMLI Properties sold the asset for $37.25 million, or about $105,226 per unit.

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