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The Nexus
BUSINESSJun 29 · 19:22 UTCBATON ROUGE BUSINESS REPORTJordan Arceneaux

An out-of-state private equity firm just paid $8.6M for a local apartment complex

North Carolina-based private equity firm Emerald City Associates has purchased the 246-unit Magnolia Trace apartment complex for $8.6 million. The complex is located on North Harrell's Ferry Road near Sherwood Forest Boulevard and Interstate.

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