RICHMOND, VA-Grubb & Ellis Apartment REIT Inc., a realty fund concentrating on apartment investment, has shifted its headquarters to Richmond, VA.
The REIT is no more an affiliation of Grubb & Ellis and now becomes a separate entity. The firm proposes to convert its name to Apartment Trust of America Inc. The fund, which has $200 million in belt, operates apartments mainly in the Texas, Virginia and Georgia regions. For the full story, go to Orange County Business Journal.
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