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Gray Capital kicks off multifamily fund to invest in nation's top region for rent growth

Investment group aims to acquire $500 million worth of Midwest apartments
Gray Capital’s experience acquiring Midwest properties includes its $68 million-plus purchase of Solana at the Crossing in Indianapolis last fall. (CoStar)
Gray Capital’s experience acquiring Midwest properties includes its $68 million-plus purchase of Solana at the Crossing in Indianapolis last fall. (CoStar)

An Indianapolis-based investment firm has launched a multifamily fund to buy apartments in the nation's top region for rent growth.

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