NOLA.com The Medve Group has purchased Local on Severn, a 161-unit apartment property in Metairie, La., for $17.6 million, or $109,317/unit. The Dallas property management firm purchased the complex from Audubon Communities of Chamblee, Ga., which had owned it since 2018. The latest purchase was funded with a $9.3 million loan from Melody Capital Management. […]

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