(To read more on the multifamily market, click here.)

(Natalie Keith is a contributing writer to GlobeSt.com.)

CANTON, MI-A three-building multifamily apartment complex sells for $20 million to Southfield-based Hartman and Tyner Inc. CRI-III, which is managed by Rockville, MD-based CRI Inc. sold the Village Squire Apartments I, II and III as part of an agreement reached by investors in November to liquidate its assets.

Susan Backman, CRI's vice president of investment communications tells GlobeSt.com that the plans for the property have not been revealed because the sale has not yet been finalized.

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