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American Landmark to acquire up to $2b in multifamily assets

American Landmark Apartments has plans to acquire another $1.5 billion to $2 billion in multifamily properties in 2020, bringing its current portfolio of 33,000 apartment units up to nearly 40,000 units by year end.

Capitalizing off of strong real estate fundamentals in the Sun Belt — states such as Texas, Florida, Georgia and North Carolina — along with domestic and international investors’ healthy appetite for multifamily product, American Landmark will continue its strategy of opportunistic investing in class A– and B product in secondary markets throughout the U.S. Southeast.

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