Continental Realty Banks On Ky. With $97M Investment

Law360, New York (January 4, 2012, 1:51 PM EST) -- Real estate investment firm Continental Realty Advisors Ltd. has doubled down on the greater Louisville, Ky., market and acquired a portfolio of apartment complexes from real estate investment trust Camden Property Trust for $97 million, the buyer announced late Tuesday.

Continental enhanced its presence in the Louisville area, acquiring four developments from Camden, a REIT based in Houston, to complement a stable of three properties already owned in the region.

“We are pleased to continue our investment in markets such as the Louisville area, which offer...
To view the full article, register now.