Aragon Blends Funds For $100M Apartment Buy

Law360, New York (December 17, 2012, 4:24 PM EST) -- Real estate investment company Aragon Holdings LLC has acquired three residential properties in Atlanta, Ga., and Denver, Colo., for $100 million using $74 million in financing from Freddie Mac, Aragon announced Monday.

The deal brings Aragon's portfolio of multifamily properties to more than 5,000 units, all of which it acquired in the past four years. Just in 2012, Aragon purchased more than $200 million in multifamily assets in six states, and the deal announced Monday furthers the company's strategy of owning residential real estate near major...
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