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GREENSBORO, N.C. — Greystone has acquired Allerton Place Apartments, a 228-unit multifamily community located in Greensboro. Greystone purchased the asset from Summit Equities for an undisclosed price. Allerton Place was constructed in 1997 and is comprised of 14 garden-style apartment buildings, a clubhouse and a leasing center. Greystone Property Mangement Corp. will manage the apartment community.