| Atlanta-based Cortland Partners is looking out of the metro area with its latest purchase. We heard from company officials yesterday, who tell us the multifamily investor just purchased La Jolla on Park, a 368-unit Class-A apartment complex in Plano, Texas for an undisclosed sum. This isn't Cortland's first out-of-state purchase (it recently bought a couple of apartment buildings in Charlotte). La Jolla is located near a mass of corporate HQs, including Frito-Lay and Dr. Pepper/Snapple (for those late night Xbox gaming marathons). | ||
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