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Covenant Capital Group Completes Largest Apartment Deal on Record in Fredericksburg, Virginia

Nashville Investor Buys Two Complexes Totaling 676 Units for Nearly $126 Million
Covenant's investment included the 200-unit Magnolia Falls in Fredericksburg, Virginia. (CoStar)
Covenant's investment included the 200-unit Magnolia Falls in Fredericksburg, Virginia. (CoStar)
By Ella Anderson
CoStar Research
August 18, 2020 | 10:11 P.M.

Covenant Capital Group has acquired a pair of apartment complexes in the most expensive apartment deal ever recorded in Fredericksburg, Virginia.

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