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    The company formed a joint venture with Denver-based Hillcrest Development Group to purchase Shalom Park Senior Living Campus. Pathfinder will implement a $3 million renovation plan and will rebrand the property as V-Esprit.

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    In partnership with a private equity group, NAPA Ventures acquired two communities totaling 401 units. The company plans to renovate both properties.

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    Perseus Realty Partners completed the disposition of Ansley at Princeton Lakes, selling it for $43,5 million. The property is ten minutes away from Hartsfield-Jackson International Airport.

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  • Join Us Today in NYC!

    There's still time to get your tickets! We're kicking off our celebration of the winners of the Multi-Housing News Excellence Awards and the Commercial Property Executive Distinguished Achievement Awards with an exciting panel discussion featuring Stephanie Williams of Bozzuto, Fred Harris of Jonathan Rose Cos., and others.

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    The newly acquired asset will add 272 units to the company’s portfolio. The new owner is planning to implement value-add improvements.

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  • U.S. Equity REITs

    As of June 30, the SNL U.S. REIT Multifamily index recorded a one-year average dividend yield of 3.2 percent, 0.6 percentage points behind the broader U.S. Equity REIT index.

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  • On the Market: 5 Interesting Listings for the Week of 8/21

    This week's listings feature a 1938-built asset including a mix of property types situated on four parcels in California, as well as a 123-unit community in the growing Seattle submarket of Lynnwood.

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  • Economy Watch: Leading Economic Indicators Hint at Late-Year Growth

    A 0.3 percent increase in the Conference Board's Leading Economic Index seems to point to the continual recovery of the U.S. economy, despite weak first-quarter GDP growth.

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