WAYPOINT RESIDENTIAL BUYS ATLANTA APARTMENT COMPLEX

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ATLANTA — Waypoint Residential, a leading apartment investment firm based in Greenwich, Conn., has purchased Village on the Green, a 216-unit apartment complex located in Atlanta’s South Fulton submarket, for an undisclosed price. The property, which was constructed in 2004, is 93.5 percent occupied. The apartment community is Waypoint Residential’s second apartment acquisition in the Atlanta area. The company currently manages approximately 10,000 apartment units in seven states.

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