Cardinal Group Buys Student Community for $31M

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/

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