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Fowler Property Pays $18 Million for MF Community in Smyrna

Independence Realty Trust Sells 222-Unit Community in Suburban Atlanta
By Wyatt Baron
March 8, 2016 | 6:48 P.M.

San Francisco-based Fowler Property Acquisitions boosted its East Coast holdings with the company's purchase of Cumberland Glen in suburban Atlanta from Independence Realty Trust (NYSE: IRT) for $18 million, or approximately $81,000 per unit.

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News | Fowler Property Pays $18 Million for MF Community in Smyrna