STIRLING PROPERTIES BUYS ANSLEY PLACE APARTMENTS IN LOUISIANA

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HOUMA, LA. — Stirling Communities II LLC, an entity of investors led by Stirling Properties, has closed its acquisition of Ansley Place Apartments, a 246-unit, Class A apartment community at 100 Ansley Place Court in Houma. Stirling Properties has assumed an existing HUD 223(f) loan on the property. The seller was a regional developer based in Atlanta. BH Management Services will manage Ansley Place, which was built in 2008.

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