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Covenant Capital Group buys Alabama multifamily property for $82M

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Covenant Capital Group buys Alabama multifamily property for $82M

A Covenant Capital Group LLC affiliate bought the Reserve at Research Park multifamily property in Huntsville, Ala., for $81.5 million, the Birmingham Business Journal reported, citing Madison County public records.

An affiliate of B&M Management sold the 736-unit asset, according to the publication.