REJournals VennPoint Real Estate has paid $29.1 million, or $388,000/unit, for the Harrison, a 75-unit apartment property in Royal Oak, Mich., a suburb of Detroit. The Schaumburg, Ill., investor was represented by Income Property Organization in the deal with an unknown seller. The Harrison, at 1210 Morse Ave., is encumbered by $15.5 million of debt […]

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