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Glenmont/Arlington Properties JV sells Tampa, Fla., apartment community for $69M

A joint venture between Glenmont Capital Management LLC and Arlington Properties Inc. sold the 318-unit Canopy Apartments community in Tampa, Fla., for $69.4 million.

The property was developed on a 14-acre site in Citrus Park by the New York-based real estate and private equity investor and Birmingham, Ala.-based real estate developer in 2017.