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LRE Management has acquired a three-property, 778-unit community portfolio located in Atlanta, Ga., for $102 million. Separately, the company inked top-10 world-ranked PGA Tour golf professional Patrick Cantley as an advisory board member and investor and general partner in LRE Opportunity Fund I, the firm’s inaugural fund.
The three properties that comprise the portfolio were all constructed in the early- to mid-2000s. They are the Eastwood Village in Stockbridge, Monterey Village in Jonesboro and Peachtree Landing in Fairburn.