Horizon Realty Advisors has sold The Flats at Norman, a 204-unit, 612-bed student housing community in Norman, Okla. Cardinal Group Investments acquired the asset for $31.4 million, financing the purchase with a $23.3 million loan from Metropolitan Life Insurance Co., according to Yardi Matrix information.
https://www.multihousingnews.com/cardinal-group-buys-student-community-for-31m/