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CHARLOTTE, N.C. — MLA Properties and Pearlmark have acquired Pavilion Village, a 294-unit apartment complex in Charlotte, for $44 million. The property is located three miles from the University of North Carolina-Charlotte and 13 miles from Uptown Charlotte. Pavilion Village was 93 percent occupied at the time of sale. The new owners plan to renovate and upgrade interior units and communal amenities. Details of the renovations were not disclosed. MLA and Pearlmark have hired Drucker + Faulk to handle leasing efforts for the property.