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...
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