Major CRE Investor Set to Exit Hot Southeast Multifamily Market

A big apartment owner with a number of multifamily holdings throughout the Southeast is exiting the region's hot rental market with the listing of its latest portfolio. AVR Realty, a national real estate investment and development firm based in Yonkers, NY, is shopping a 13-property, 3,760-unit portfolio of rentals in North and South Carolina, Georgia and Florida.