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Alliance Residential Company Pays $98 Million for Luxury Houston Apartments

AvalonBay Communities Sells Archstone Toscano
By Vida Gintvainis
CoStar Research
May 3, 2019 | 4:02 P.M.

Phoenix-based multifamily investor Alliance Residential Co. acquired Broadstone Toscano apartments in Houston from AvalonBay Communities for $98 million, or about $207,000 per unit.

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News | Alliance Residential Company Pays $98 Million for Luxury Houston Apartments