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AVON, CONN. — Gaia Real Estate has acquired 163 condominium units at the Avon Place condo development in Avon. The company plans to invest $2 million for upgrades to the common areas, individual units and property infrastructure. Avon Place was built in 1973 and comprises a total of 188 units. Amenities include a clubhouse, swimming pool, tennis court and game room. HFF arranged the seven-year, $16.7 million acquisition loan through Commerce Bank & Trust Co.